
Why does 73% of America hate America?
The balance of party identification in the American electorate now favors the Democratic Party by a decidedly larger margin than in either of the two previous presidential election cycles.
In 5,566 interviews with registered voters conducted by the Pew Research Center for the People & the Press during the first two months of 2008, 36% identify themselves as Democrats, and just 27% as Republicans.
27%!? I guess "the folks" really, really, really aren't with you, George.
And here's the juicy part of the new Pew poll:
The decline in the number of self-identified Republicans is evident in all parts of the country, but is perhaps most significant in the politically important "swing" states that were closely contested in the 2004 presidential election (see "How the States are Analyzed" below).
Four years ago there were about as many Democrats (35%) as Republicans (33%) in the 12 states where the voting was closest in 2004, and the balance was similar in the 2000 election cycle. But so far in 2008, Democrats hold a substantial 38% to 27% identification advantage in these states.
I blame the liberal media.
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BT!
Hip hip hooray.
The republican party in its current hijacked condition deserves a humiliating demise.
Having been saved from gay marriage, how can these people now be so ungrateful?
And the Ds didn’t do anything to deserve it. This is all a consequence of the distrous W prez. Imagine where the Ds would be if they actually defended the constitution & did their jobs.
Great post BT.
As Dick Cheney would say to your heading…”So.”
here’s the interesting thing blue;
for some reason the polls are showing mccain beating both hillary, obama, and both
how is this possible given the stats I just quoted above?
it’s not possible is the answer, they are already playing with the numbers so a voter flip won’t look like the count was manipulated
A sign ‘o the times:
http://www.pennlive.com/midsta.....parti.html
And Lush Limpballz had nuthin to do with it.
The polls of McCain versus the Ds are meaningless. He was never vetted. The R primaries didn’t so it. He’s stil coasting on his support staff, the MSM. The polls will change once the Ds choose a candidate & direct their effort against him.
OT a foot of snow in Chicago in March! I remember wearing a jean jacket on Good Friday. The world might be getting warmer but the swing between temperature extremes is getting weird.
the librul media….
I used to think I was a conservative republican. I was in favor of not spending more money then we take in. A strong national defense. The Constution.
Now I find that to be a conservative Republican, I must ignore the 1st, 4th, 7th, 8th, 14th, and 15th amendments. And I must hold the 2nd as the most important. Spending money we don’t have on foreign wars is fine because all taxes are bad. And that I should look up to Bush.
Not sure what I am anymore, but if that’s a conservative republican I never was one.
Boxturtle (And whatever Bush is, I AIN’T)
well the brand “Republican is in Ruins” is appropriate,their style of government(privitzation and non stop looting) has put the whole country in the same RUINOUS condition imo
What she said… D’s by default and not many either.
Hehindeedy!
Of course, Good Friday can be as late as mid-April. This is the earliest Easter has been in 95 years.
I won’t be happy until they are on the endangered species list and then I get a special trapping permit.
You might be right but if so then the GOP is being sloppy a good lie is believable. McCain beating Hilary and Obama when our second place Presidential Primary winners beat McCain’s vote totals in how many red states?
McLame,is such a very 1 trick pony….INFINITE WAR …the end
That might explain it:)
I agree. What a waste of time, and I’ve been saying that even when my chosen candidate has been leading. Plus, how can those be accurate when there are two Dem candidates still in a highly divided primary? Most Dem voters will fill in line behind the final Dem nominee, so wouldn’t the Dem number go up somewhat once that happens?
Last Arpil (or maybe 2 years ago), I took pics of a decent size snowfall on my already-in-blossom forsythia in the mid-Hudson region.
Per Forest Gump:
We’ve tried stupid. Let’s try smart for a change.
You got that right.
Last Easter, April 8, we had 17 degrees in Atlanta. We didn’t have hydrangea blooms all year. Lost a lot of plants.
ya mean BRAIN neuro chemicals as vs codpiece hormones?”g”
that sux sorry…me loves the flowers and birdies,but im a DFH
Wierd weather indeed. I still have snow piled to the top of my kitchen windows. Dim in the daytime. Feet of powder, followed by freezing rain. This has been the pattern for the last month.
exactly, they are fielding statistics that can’t be true, they are preparing us for a flip
ecahn, I agree with you but right now I am talking logistics not anything else and these polls don’t make sense
I left the computer for a bit to watch Richardson and Obama at the Oregon rally/endorsement.
I have to say, two intelligent, witty, and very good speakers on the same stage at once,it has been a looooong time coming.
entreat yourself to some lovely baroque music,or some new sachet…Spring just peaked its head out here yestiddy
Clinton,and Gore….wistfully wipes a tear
The Republican brand may seem “ruined,” but if Hillary insists on tearing our party apart, it will be “President McCain” we’ll be saying. She can’t accomplish what she wants to, all she can do is destroy and her “scorched earth” approach will ensure Karl Rove’s “Permanent republican majority” more than anything he ever did.
wouldn’t it be nice to have a president who can actually speak in full sentences?
teehee
special trapping permit
The world IS getting warmer. This brings on climatic changes that affect patterns of weather in different ways, in different parts of the world.
Repeat after me, the world IS getting warmer… climate is changing…
C
Welcome to the alliance, BoxTurtle. You are what I call a ‘classic conservative,’ and I have for ages been advocating that progressives need to reach out to sensible people like yourself to help reclaim America from the neocon cabal that has hijacked the Republican Party.
We’re unfortunately a very black-and-white culture - we want a good guy and a bad guy, and we don’t deal with complexities well. The idea that the 1980’s conservatives would become the allies of 2000’s progressives is hard for a lot of folks to understand, and they continue to disparage “Republicans” and “Conservatives,” when the real focus of their ire is “neoconservatives” and “corporatists.”
I’d enjoy nothing more than to return to those halcyon days when discussions were divided between those who wanted to borrow to fund infrastructural improvements, and those who believed that it would be best to fund infrastructural improvemens from the existing tax base by reducing costs through efficiency.
Instead we’re actually discussing torture as if it has any place in public discourse (aside from unanimous condemnation), conducting a war based on lies and funded by our children, and watching the Bill of Rights be shredded.
Progressives and classic conservatives can and must agree that it’s time to take the nation back from the neoconservative ideologues and the corporate profit-mongers who have seized control.
I too would love to have had Gore on that stage. My first choice was Edwards, but when he bowed out, I listened carefully to the remaining two candidates and came to like and agree with Obama’s hope for change.
Well, that’s too minimal for me. Reagan spoke in complete sentences. He just didn’t say anything I liked.
Define GOP brand just who are these 30%ers sure they are racist, warmongers, who don’t want to pay a penny more in taxes to help our solders, they think Bush was appointed President by GOD.
They hate Gays, Abortion, they love democracy but hate expressions of Democratic freedom (art, writing) that contradict their morals or ideas.
They are Authoritarian conformist and real bad businessmen George Soros, Warren Buffet are both Dems self made real big money goes our way. Old money or government contracts money goes GOP in other words money that needs special help.
But what do we really know about them?
No trap needed. Just get it small enough to drown in a bathtub.
this is a great catch from think progress right now, my bold;
Amen!
Boxturtle, the last Republicans who joined the party because they admired Lincoln and Teddy Roosevelt are slowly leaving the building. The shell that’s left is as tacky as Tom DeLay’s toupee.
Bonkers,
That’s really surprising considering that when I lived in the area fifteen years ago, the Camp Hill area, known officially as the West Shore, was often called the White Shore. Maybe it really will be a” not this time” moment for the country.
not only are they war monguers but they want everyone else to fight those wars
It is interesting to note that Obama and Hillary have raised something like a combined $250,000,000 in campaign donations with lots leftover, and McCain has raised about $60,000,000, with apparently about $5-6 million left. (I heard the figures this morning, but I don’t have a link or a good source, so the numbers might be off a little).
That pretty much tells the story of the sentiments of the country.
Thanks for the kind thought. Actually, this is what passes for spring here (VT). We’ll have another month of this, then plunge into mud season. Muddy rutted nearly impassible roads, snow melt running downhill everywhere. It’s an acquired taste. My only real gripe is, I’ve taken to feeding the deer as it’s been a tough winter for them; what started as daily food for a doe and two fawns, has turned into 100 lbs of grain per week for gangs of desperate deer and wild turkey. I like feeding them, but this is straining my budget.
I’m addicted to the radio replays that are on antiwar.com. Scott Horton is a virulent libertarian Ron Paul nut, but he & I are on the same side in oh-so-many issues. He interviews both lefties & righties, as long as they are against the war. And the other issue in common is the constitution. Alliances (nice characterization) shift back & forth in politics, depending on the issues of the day. Thank goodness Rove didn’t realize that, although the alliances didn’t shift soon enough.
They must have joined before 1968. It’s been the Party of Bush since about then.
me too BHO is a fine man/canidate imo
If you want more of the same, vote McCain.
Repeat early and often.
BTW, for those who don’t know, the Scott Horton (he sounds like a young guy) who does interviews on antiwar.com is different from the middle-aged Scott Horton lawyer who writes No Comment on Harpers. Sometimes Scott Horton interviews Scott Horton and they kid about which one is the “other” Scott Horton.
i feed the critters too…put up a paypal mebbe we can help
Unfortunately some of that 27% are members of my family. I have one family member (at least) who insists that the war in Iraq has been good for that country, and also that there is no financial melt down, nor any real problem with global warming.
Yeah, I heard him say that in the speech & made a mental note. It’s not the first time & won’t be the last.
My mom (and her parents) were Republicans in Alabama in the 30’s and early 40’s. They moved to Texas and were again in that rarified group. Mama is now 86 and has voted Dem since Ann Richards ran for governor.
I believe in Global Warming but what if we have another problem like an atmosphere that does not regulate temperature extremes like it use to? Or are the seasons shifting winter stays longer in spring summer goes into fall?
Yee Haw!
Or vote for Hillary because a vote for Hillary is a vote for McCain.
Whether the tab for Iraq is 2 trillion or 3 trillion when the bill is presented to the U.S. Government, this is the response the lenders will hear. “We will pay you fifty percent of what we owe you, and you can put the rest on the tabs of our children, our grand-children, our great grand-children, our great-great-grand-children. Don’t worry, they will have tabs in this country the day they earn their first paycheck, lasting until their last paycheck, … unless they move to another country.”
This was and is the Great Omission of the Great Communicator, Ronald Reagan. He led America to believe it was oakey-doakey to leave massive debts to America’s future generations. That is the Great Unspoken Evil of those who constantly rail against “High Taxes” and “Unfair Taxes”. They want us to totally block out the Reality that a society which “passes on” massive debt to it’s unborn generations is, by definition, an IMMORAL Society.
How ironic is it that the Republican Party, who have appointed themselves as the party protecting the unborn AND the party of righteous Christian morality, AND the party of Low Taxes have created the greatest deficits and the largest government our great nation has ever been sorry witness to.
Pigs don’t fly. If we want our government to spend less, then we must give up some things ourselves. Perhaps things like … closing many American bases, shutting down U.S. factories making WMDs, reducing Veterans and Social Security Benefits, reducing our inspections of meat-packing plants, reducing our inspection of Chinese toys coming into America. But those involve hard choices for US to make today, affecting the way WE live today. No wonder Ronald Reagan was so beloved by so many … he taught us it WAS OK to pay only a part of what we spend - and leave the difficult choices of how to pay the rest of OUR tab to our descendants
We Americans owe it to our children to tell Ronald Reagan’s Ghost, to the paid pundits of the ruling class, to the so-called Conservatives, that we are on-to their Pigs Do Fly Scam, and that IT IS OVER!
One of the ways we can do that is every time you get one of those TAXES ARE TERRIBLE screeds, ask the sender what U.S. Government activity they personally benefit from they would ask their Congressman, Senator, and Governor to shrink or get rid of.
Just on a personal anecdotal level, I’ve heard at least 10 similar stories from friends and relatives. A friend just relayed a story that his 60+ year old parents have voted Repub, not only voted for Obama, but went and campaigned for him even though they know he’s probably “the most Liberal” candidate as well.
I think we are entering a new era in politics, and the power structures are desperately trying to hold on to whatever they can. We’ll see if they can close the floodgates that Obama has opened.
When did he say this cause it sounds like Bush is pushing for another war. Although who does he think will believe him about WMD after Iraq?
hey huys, obama is much better then I thought he was, I just clipped this quote from him on the mccain gaff, it’s better then I would have come up with myself;
MAN that’s good
“…have voted Repub their entire lives…”
Very kind comment number two. Thank you again for that thought. Actually we’re managing, a local bakery is saving day old bread for us and that’s helping. And we’re eating lots of potatoes apples and carrots so we can put the peels out for them. And I’m getting some wonderful up close encounters and nature watching in.
that’s the lead over at think progress right now, have a gander
Timely:
He should start a blog
Lawrence Krauss, a well known scientist and “public philosopher” suggests not using the word “believe” in connection with matters of science. It leaves the other (often regious) side framing in which they can simply claim that they do not believe. Better to frame it: the evidence strongly documents global warming, or words to that effect.
If any of you are feeling especially generous this morning, Jackie Speir, who is running to replace Tom Lantos in Congress, is asking for donations. The address is jackieforcongress.com thanks
Bad formatter!
ditto that maybe we can help (the only critters around me are peacocks and well they are well fed by mother nature
Did Bush say that, or perhaps Cheney? Is it in the Republic Party Platform?
It was Hermann Goering. The Republics just follow his model.
I really hope you are right.
CNN) — The Obama campaign launched some of its sharpest attacks to date on Hillary Clinton’s candidacy Friday, telling reporters on a conference call that the New York senator is a dishonest politician who has consistently misled voters.
Referencing a new Gallup Poll suggesting 53 percent of Americans don’t view Clinton as trustworthy, Obama campaign manager David Plouffe said Clinton would be a “deeply flawed nominee,” and suggested it would be “nearly impossible” for her to win a general election.”She is not seen as trustworthy by the American people,” Plouffe said. “She has consistently in this campaign engaged in political calculation to mislead voters….It will nearly be impossible to win a general election if more than half the electorate thinks you’re untrustworthy.”
Personally, i believe that weather patterns are migrating, in unorthodox fashion. Here, in montreal, we are getting more humidity, and the systems starting in Texas, moving to Chicago, the great lakes, and up the St-Lawrence are simply stronger, and reaching us constantly. I wouldn’t be surprised that we’ll see some tornadoes up this way this year. Will it be the same next year, I can’t tell you. But for the last five years, I just see these patterns migrating, giving warmer weather one year, frigid weather the one before…
Not sure I qualify as sensible. Here I am backing someone who favors national health insurance when the ONLY thing that government consistantly does better than private industry is waste money and kill people. But I think what we’ve done so far CLEARLY hasn’t worked and it’s not going to. There’s no money for private industry to have any interest. Guess that means the government has to do something. I just hope it doesn’t get screwed up like public housing.
Boxturtle (To reach out to me, talk sense and don’t obfuscate the downside. Nothing is free)
You guys are great.
Fine post Blue Texan, quite sorry for the derailment.
whoa, it’s heating up. I just read how Phil Singer, Clinton spokesperson…
Been proven false as no one from the Obama campaign has implicated Clinton in the breach, actually it was Scarbourough that did it this morning. Damn pundits are really trying to fan the fire
BT and all -
Please excuse my ignorance, but what is “Ctd.”? Seventy-one meanings from a quick Google.
Yes, I’m a couple hours south of you, and I would agree, storms are getting much bigger. Two years now of really heavy wet snows, two and three feet at a time; or two, three feet of powder followed by two days of freezing rain. And ginormous really frightening electrical storms last summer, with weeks of torrential rain.
opps left off link to Singer claim
prolly abbreviation for “continued”, which i remember to be “Cont’d”, but my gray matter jus’ ain’t what it used to be…
;~P
IIRC ctd. = continued
funny, I have always considered myself a Conservative with Conservative politics, however the republicans usually talk a game and do the opposite
I am pro military, pro strong economy, anti war, small government, lower taxes and services paying for themselves
I am for conserving, conserving the air, the economy, the Constitution, privacy
the republicans talk about it but are for none of those things when they actually govern
in fact, you cannot govern when you do not believe in governemt, it’s not possible
the republicans actually believe government’s only purpose it to make those who are wealthy get more wealth
For the purposes of this post, “continued,” as there have been several previous posts with the same title and graphic.
Typical Wall Street cheerleading. He would be saying the same thing if he was on the Titanic and the water was up to his nose.
Maybe the pastor problem will wash out, if items like this gain some traction:
A few por-life folks have made the same argument (that PP is racist) and it is as insulting as it is stupid
(oh, the little garden lizards are chasing each other…spring and amore has arrived)
The Republican brand is ruined, but McCain retains a high approval rating. Many thanks to the FDL community for doing their part to exposing more wars fewer jobs McSame.
“Fortunately, the last two recessions were some of the shortest on record, so in 2009 we should be pulling up out of this.”
Still re-arranging chair on the Titanic are they.
Global warming pours more energy into the atmosphere so weather will become more extreme and storms more powerful. Some areas that had drier winters because it was so cold will have more snow because the atmosphere will be warmer and be able to carry more moisture. Other areas like those in the Southwest will dry out further and burn up. The main effects in global warming are seen less in higher highs (although that is happening) but that the lows are not as low.
Happy thoughts from big business or please don’t pull your money out and start a run on the banks.
Anybody heard when McCain’s passport file was “breached”. The report I read said “earlier this year”. Like maybe…yesterday.
Huff Post reporting that McCain’s donations actually dropped after he became the obvious nominee! How’s that for popularity :)
Scarborough basically admitted this morning that he is an ”act” by saying that he is paid and encouraged to portray the reactions of blue collar, southern, white voters to news such as the Wright controversy.
Oh wow, it would be nice if we could help give “legs” to this story:
http://www.alternet.org/democracy/80392/
There’s some talk about prosecuting Lush Limpdick for encouraging voter fraud. Long shot, but perhaps if we push this enough….ya never know….
Or at least wait until the filthy rich have gotten theirs out so civilization can continue.
It was reportedly 3/14, but then State said they didn’t know when.
McCain is coming last in google tends too.
Ok I know every Christmas break I would play hockey on Lake Kilarney in Norther Illinois and the lake would be completely frozen. The last few years I was in Illinois there was a big hole of open water in the middle of the Lake.
I was thinking the same thing.
Reagan also told America that it should adopt a “give me mine, get outta my way, and f*** you” as opposed to “we’re all in this together.”
I was a California resident when the whole Prop 13 fiasco passed. This was more of the “why should I pay taxes for [fill in blank]; I don’t [use whatever’s in blank — e.g., I no longer have kids in schools].
The combination of an economy which crushes people, and 25 years of politicians chanting “no new taxes,” causes folks who are in pain to fear/oppose taxes, when that money [particularly if raised from rich guys] could create jobs, provide health care, etc. — all things that the hurting folks need.
But with this brainwashing, too many just can’t see it.
A parable: today I went to Popyeye’s to get lunch for my college kid. My Popeye’s operates on a “one line for all the registers” system. That means there’s a long line, but it moves fast. Occasionally someone comes in and marches right up to a register which only has one person at it because of this system. Usually a brief “there’s only one line” will cause the “offender” to apologetically go to the end of the line.
Today, however, two individuals reacted huffily at that suggestion: they wanted THEIR food as soon as they could get it, and screw everyone else and the “fairness” system they’d created. As I remarked to the guy ahead of me in line [to whom one of the “offenders” snarled nastily], “must be a throwback to the Reagan administration.
still an asshat
It’s snowin there now.
nor was reagan “reaganesqeue’
he was the largest tax increaser is the largest in peacetime history, he grew the government and there was nothing “reaganesque about him
But he’s not backing single-payer healthcare as far as I know, so from YOUR point of view, he could be worse!
I’m not sure about your claim that government wastes money better than private industry. Well, maybe absent the defense side. But the health care industry in America is wasting billions and billions of dollars. Well, from my point of view “wasting” is “taking the money and returning no value and giving absurd profits to some rich white guy.”
See, THIS is an argument I’d enjoy having again! Instead I have to worry about whether or not the Administration will fabricate an incident with Iran in August, and exactly what it does to my soul to pay taxes to a nation that tortures people.
Does he say anything about the Eugenics movement that sterilized White and African American people you know that group Bush’s Grandparents belonged too?
*bangs head on computer*
Thanks all; too used to using “cont.”
DrBong -
I’ve demonstrated the deterioration of mine (and even worse, ignorance :-() to all at the Lake far too many times.
wobblybits @ 91 -
Stepped out before first light this morning and saw four young deer wandering thru’ neighbor’s yard.
Most of the anti-global warming crowd have caved in on the data, which are irrefutable. (I grew up in Buffalo & the weather half a century ago the weather was hugely different from today.) They usually argue that we don’t know whether it is a natural cycle or whether it comes from human related causes.
Krauss showed a chart that comes from ice cores which goes back 5000 years, aparently the longest history available, and available relatively recently, which shows the current period off the charts. So the anti- crowd is being less & less able to argue that it’s a normal natural cycle, at least one that’s occurred since humans have been on earth.
Off topic, but I wanted to remind the powers that be that there was a time when Debbie Wasserman Schulz understood.
forgot the link
http://www.crooksandliars.com/.....n-schultz/
Remember also that Easter is really early this year. Moveable holidays may not be the best point of comparison.
Yeah a foot or so which in March well maybe its another 100 year storm? We seem to be getting allot of those.
When they said ‘apply directly to the forehead’ I don’t think they meant your computer.
patenetly incorrect
government is ALWAYS more efficient then private industry when it comes to “the commons”
private industry prices according to what people will pay, government prices according to cost
the only time private industry does anything cheaper is when they have to compete and they do not have to compete when they perform government service
your opinion here is part of the great propaganda industry likes to spew
March and a foot of snow ?
Yes, she did, didn’t she:
http://www.dailykos.com/storyo.....918/481142
This link also talks about how Blue America candidate Dennis Schulman is picking up some very good endorsements in NJ. Better and Better Dems ‘08!
When it starts getting ‘vocal’ around here, we will know that peacock mating season has started.
Grammar police alert:
than - comparitive reference
then - time reference
/Grammar police
Length of recessions (begin date: duration (months):
08/1929: 43
05/1937: 13
02/1945: 8
11/1948: 11
07/1953: 10
08/1957: 8
04/1960: 10
12/1969: 11
11/1973: 16
01/1980: 6
07/1981: 16
07/1990: 8
03/2001: 8
Noxon and Reagan seem to be the winners, but W still has a shot.
Wrt global warming, Democracy Now has James Hansen (sp?) on today for an extended interview.
{{{{eg}}}} -
It *can* prove to be an expensive form of self-medication. *g*
wobblybits -
Love them critters! Have you seen pix of the white variety?
The history of some aspects of the earth’s history can be traced in ice cores that reach back almost three quarters of a million years.
Data related to climate conditions since the last ice age is of the most scientific interest, however, since it would reflect the same relative chemical composition of our atmosphere. Fluctuations to that chemical record are the hard science that is irrefutable. But, the Bush policy of refuting science as a general concept is genius, and seems to work well with the conservative hard cores (sorry ;-)
I think we need to find out more about the party-ID model these national polls are using (maybe pollster.com has something.) They all have models of relative party identification and turnout that they use to interpret their raw results, I remember reading that a lot of them are based on the results of the last election (since it’s difficult to get hard numbers any other time, and they want to base it on something solid.) So if the current party ID stats hold and the primaries are any indication of turnout, dead-even national polling based on old models would translate to a complete blowout in November.
(But I’ve always been an optimist.)
Well, alrighty than!
I listened to DN Hanson interview this morning, but that was more about the politicization of science than about the content of the work he does. Krauss was on CSPAN2 day before yesterday iirc.
Now there you have a straight-up comparison. *g*
I haven’t lived in Chicago, so I’m just kibitzing.
No, I have never seen them. Gonna have to google and have a look
Sorry six to eight inches of snow which is still very bad.
http://www.thetimesonline.com/.....huejo0.txt
You have no idea how much pleasure the headline of this post gives me.
Then again, maybe you do.
In addition to the length of recessions, the depth is also important. Regan wins in the post-WWII period. But that was related to Federal Reserve policy correcting the inflationary sins (related to both monetary & executive policy sins) of the 1970s.
Recessions have become less severe because everyone became Keynesians (though current crop argue strenuously against, it’s exactly what they do when the economy gets in trouble), in the narrow sense of taking countercycle fiscal measures, but in a broader sense which includes monetary stimulus.
Howie Klein with more great insight:
http://downwithtyranny.blogspo.....y-day.html
Building upon the work of those before him, and upon his own life experience, Obama recognized that we as a country have reached a Tipping Point, and that someone needed to open the floodgates, which Obama has now done. Grab a paddle!
Oops… so much for my grammar police cred
comparitivecomparative
;~(
From TPM:
State department official on McCain breach: “I don’t have the exact date”.
’s why I live in Georgia now.
I always meant to ask what your thoughts were on the Fed ditching reporting of the M3 money supply.
when did they start reporting the m3?
wobblybits -
Try this one:
http://www.flickr.com/photos/tags/whitepeacock/
Tails look like an antique white lace lady’s fan.
I got to move next to an ocean I can swim in!
And if California slides into the ocean
Like the mystics and statistics say it will
I predict this motel will be standing until I pay my bill
beautiful. i have never seen any white ones around here just the multicolor ones but i’m sure they are just as loud *g*
I wasted a great deal of time in my career arguing that monetarists had a bankrupt model for looking at the economy. (Was at Citibank in the 1970s & they headed the very large economics department.) I never looked at the monetary aggregates.
A couple of short reasons, without writing a masters thesis.
1. There is just too much slippage between the monetary aggregates and the economy. One is very small and simple. The other is very large & complex. It’s folly to think you can tell much, if anything, about the latter from the former.
2. In addition to that, financial market deregulation has continuously changed the relationship between the monetary aggregates & the economy.
I analyzed the economy structurally, as my mainn approach. Lots of other tricks of the trade too.
Is Loo hoo here?
“I blame the liberal media.”
Apologies if this was discussed earlier, but I’m kinda stunned at Wallace the Lesser’s antics on Faux news this morning. Has he seen the light and joined the librul media? Or did the ghosts of newsmen past (Murrow, Huntley, Brinkley…) pay him a visit last night?
Of, I’ll add a third reason to my 144.
3. Milton Friedman is a monetarist.
Waccamaw, someone in my neighborhood apparently has/had one. Last summer it was always out walking on the side of the road…really beautiful. Haven’t seen it in awhile…hope its okay.
you had a career? Cool.
The Fed historical data on the M3 go back to January 1959 and end in April 2006.
http://www.federalreserve.gov/.....6hista.htm
I think Ian said M3 could be constructed using publicly available data.
LOL
a fever of some sort? whatever it was, i’m sure he’ll recover soon
To bring back trust in government we should campaign to bring it back. Plus we would force McCain to either support Bush on another questionable economic policy, waffle the question, or break with Bush any choice is good for me.
I don’t know much about M3 but I do hear allot of people complain about not having these numbers.
I actually became quite bitter as a result of my time at Citibank, then known as First National City Bank. The idiots in charge of the dept. worshipped Friedman & thought they knew everything about the economy. They exhibited all the hubris of the folks in high office today, and had I not put that time out of my mind until you just dredged it up today, it would have helped me understand the W regime sooner. It was an agony to go to work every day.
Things,
It was great to meet you at the NorCal pup meetup. Thanks for coming such a distance to be part of the group.
Why would Bush hide this number I thought Milt was his guru? Unless the number was bad!
I think that the idea I had was to look at the money supply numbers and see if the money supply was consisent with growth in the economy or whether it was being used to cover up weaknesses in it, not in a hard and fast way but more impressionistically.
ot, But lookit CSpan. That’s my dream ticket for since forever!
wow
Richardson and Obama.
There are a bunch of statistics (like the one about large layoffs) that the Bushies had them stop reporting because they could be used to counter their BS about the economy or make their cronies look bad. We should make sure they bring them all back.
Question for the economists here, might M3 pick up hyperinflation before other measures? I think that’s how they plan to solve the debt problem.
And really, the middle class didn’t need those savings after all.
Your welcome heck I always wanted to see California next time I swim!
Wow, what a neat story that would make. Genius!
I have no idea. As I said, I never looked at the monetary aggregates, so I am literally ignorant on this point.
African American and Hispanic voter turnout would skyrocket…plus Lou Dobbs would have a heart attack!
same here
Well, I hope you found the dredging therapeutic. Know it all know nothings have always been with us but it is the tragedy of our times that they are the ones currently running things. I like the way Glenn Greenwald calles the foreign policy variants of this Very Serious People. They are always wrong but you can only be taken seriously if you agree with them.
yeah! LOL! i hadn’t thought about that. i learned a lot from Lou, and it IS entertaining when he blows a gasket. but his focus is skewered.
Please People! This Faux Outrage is Kabuki Theater at its finest. These people have not only cheerlead an Invasion of a country under completely false pretenses, hence killing hundred of thousands of innocent people along with many thousands of our own troops, but they have consistently shouted down any of the opposition. They constantly without fail make excuses for a Republican Party that doesn’t give a shit about an entire American city ravaged by a hurricane and subsequent flooding, where literally Americans are floating through the streets. And it goes on and on…
Now they’re going to make a stand about one simple three word comment!?!? C’mon, no one must fall for this crap!! I mean when the dumbfuck that walks off the set there’s hardly anything happening. It’s like the producer said in his ear, “Go ahead now. We’re ready with the cameras.” So strange…
Seems obvious to me that they’re realizing the old tricks aren’t working. Obama has already marginalized a lot over the year he has shunned them (outside of 2 or 3 appearances recently). I think this a blatant effort to try to gain favor with Obama, since it’s looking more likely that he’ll be the next Prez.
Never forget what the scum called Fox Newz has wrought onto this world. Never forget.
Is this the layoff data you’re talking about? It seems to have data for February 2008.
http://www.bls.gov/mls/
i have two more questions to follow on hugh’s….
1) slippage and deregulation - that makes intuitive sense to me for relatively small changes over some extended period of time. but what about larger changes over shorter periods? can that be a helpful indicator, in your opinion?
2) i’ve read that greenspan did alot of things (around 1995) to increase money supply in order to counter the deflationary effects (at least temporarily) of nafta and other trade agreements. could one look at m3 to see if there was indeed such a change (reflecting greenspan actions) at this time frame?
or is there just nothing at all to be see from looking at m3?
Yeah bring back all the Economic Statistics after all how can we know if Bush is lying about the economy? Given the current economy people should be receptive to stories like that.
That was what I was getting at in my own fumbling way as an indication of whether the Fed was just printing up more money to literally paper over problems in the economy.
milton friedman=hoover institute
oops, my comment was supposed to be directed to eCAHNomics.
The Republican brand seems pretty appealing to the Clintons, what with their endorsement of McCain and Bill Clinton’s appearance on Rush Limbaugh.
Can this link really be true?!
My concern is that no matter how much money they print it *still* might not solve the problem.
it is stunning to watch, I have to admit, I wonder if he is bending in the wind or has really had his awakening
Supply & demand determine pricees. If the economy is weak, you’re unlikely to get inflation. What we have now is “supply shock” inflation, with a little demand pull to go along with it. The latter will be cooled by the slowing economy & the former is in the process of flaming itself out, unless W bombs Iran.
Selise, I NEVER lok at monetary aggregates. To answer your Q I would have had to study them.
Maybe his father gave him a spanking.
That ocurred to me also. Almost as if they’re innoculating themselves against the racism charges. “See, we’re not rascist. Chris Wallace took our morning show folks “to task.”
Big media is all about “acting” these days. Can’t trust anything.
nor entirely ecahn, it’s consumer will that determines prices regardless of supply
nikes are abundant and they cost nothing to produce, yet people want them and they are priced higher then other sneakers because of that
It’s good to see they’re on top of this.
I also take somewhat issue with the statement that we have shock inflation
we are experiencing inflation because the countries that once wanted our money now do not.
that is neither supply nor demand, it’s desire
Inoculating themselves against charges from whom? Most of their viewers prefer that they be racist, or at least want them to act with phoney, hypocritical self-pity and indignation that Obama could affiliate himeself with such a “racist”. It’s entirely possible Obama’s speech shamed some of them into a defense of him — after all, the speech was aimed at them as much as the voters or the Clinton campaign.
You can look at the numbers here.
http://www.federalreserve.gov/.....6hista.htm
There seem to be increases in late 1996 and 1997.
Nike raises the demand by clever advertising. So they can charge more. But if the demand weren’t there, Nike couldn’t chage the premium. Desire is one of the many determinants of demand; it is not separate from demand.
lol. ok, fair enough. i keep forgetting that you like to refrain from commenting until you’ve studied the issue. *g*
thanks!
they raise the demand but this has nothing to do with supply, the supply far outweighs demand
this is my very point ecahn
my point is it’s not “supply and demand”, it’s simply “demand”, sometimes but not always, supply impedes demand but demand rules price not supply
“This is the earliest Easter has been in 95 years.”
It’s cuz of growing resurrection requirements. ;-)
it would seem easter is linked eternally to passover, which means it does not revolve around the christian calender but the jewish
interesting factoid
It’s time to put divisive isues on the back burner and it’s time to stop criticizing the opponent’s tactics. She may be scorching, but it’s time for Obama and his supporters to either take the heat or get out of the kitchen.
Fight on the issues and showing class & leadership or admit she’s just too tough. It isn’t necessarily tactics which are tearing the party apart — it’s finger pointing and name-calling and forgetting that this is a campaign to earn the public’s trust, not just 50.0001 percent.
The press is saying there’s hardly any difference between Obama and Clinton on the issues. Is that true? If it isnt, then prove it. State your case. Show how you are a distinctive candidate and are better fit to become president.
You are absolutely correct. Thanks for this great comment.
The single issue for me is Iraq. Hillary voted for it, she has never said “you know, I made a mistake and I’m sorry,” and she’s never said “I will withdraw all combat troops from Iraq.”
She has closer ties to Joe Lieberman and other Neocons of both parties and that wretched “Village” nonsense is utterly gagworthy.
But on Iraq alone, she is not qualified to be president. A real leader is willing to say, “I fucked up” and mean it. She is incapable of saying it, she is neck-deep in her own hubris and she is not worthy of the office she seeks.
Barack Obama would withdraw all combat troops from Iraq in 16 months. That’s my kinda withdrawal statement.
ANd the thing it seems NO ONE, neither here, or anywhere else is willing to admit, virtually ALL the economic woes we face stem, in part, from the unbelievable BORROWING to pay for the war.
Sorry, she is wrong on the one issue that matters this time around, and she has been since the beginning.
That’s my story and I’m stickin’ to it.
This is also an excellent comment. More of this kind of debate, please.
I’m a Republican. My taxes have been lowered, I can expect fewer public services, worse public schools, more potholes in roads and crumbling bridges. But that’s OK if my taxes go down. It’s my money. I know better than the government does in how to spend my money. I know how to build public hospitals, public schools, and how to regulate and assure clean water, uncontaminated food and safe drugs better than the government knows. Private corporations and I can do all of these things better. Please vote Republican, vote lower taxes for the rich. Thank you.
admirable snark