Comments on: When The Shovels Arrive: A guide to stimulus

By: strainer

strainer — Tue, 15 Dec 2009 17:04:15 +0000

I think the programs instituted by the US government (and other governments that have followed in their footsteps) in their attempts to “improve” the economy are extremely irresponsible and wreckless. They have used terrible Keynesian policies and wasted trillions of dollars bailing out creditors and shareholders of failed institutions with broken business models rather than addressing the structural flaws in the system of too much debt. And these actions are going to lead to massive problems down the road with regard to our currency and interest rates, in my opinion. Furthermore, I think that the gold price breaking out to a new high is a strong indication of the reduction in faith and confidence that people have in governments and their fiat currencies. I recently read a good article called “Gold Price Wobbles Under $1,130 But U.S. Dollar Future Bleak” at http://www.goldalert.com/ that discusses the Federal Reserve’s easy monetary policies in order to try to prevent any sort of deflation from occurring and to try to reflate assets prices. There are also many more articles here that I think are very helpful for any investor to read because they help to explain the investment implications for the dollar, the gold price, and gold mining companies who I believe will continue to benefit from central banks’ inflationary programs.

By: STH

STH — Sun, 20 Sep 2009 19:00:00 +0000

Again, there’s no stimulus when you aren’t investing in projects that will aid the economy. You are right to emphasize that because that’s where Obama’s stimulus failed in the worst way possible.

By: Michelle O.

Michelle O. — Sun, 06 Sep 2009 20:48:13 +0000

Sharon you’ve been disproved again and again. Stimulus is worth another shot. It’s working and its been working.

By: Sharon T. S

Sharon T. S — Sat, 29 Aug 2009 19:11:44 +0000

Right on the money. Stimulus isn’t stimulus when it doesn’t have a multiplier. It will get diluted on the other end. Nicole’s dead wrong on this one.

By: Shovelman

Shovelman — Mon, 24 Aug 2009 14:26:40 +0000

Well idk about you guys but I got my shovel and I’m not letting it go. Obama 2012!

By: Rob

Rob — Fri, 21 Aug 2009 21:35:26 +0000

The real lesson is not to take on healthcare no matter how popular you are. Based on the trend now the Obama presidency may be over before the end of the year.

By: Michelle Obama

Michelle Obama — Fri, 14 Aug 2009 03:35:49 +0000

So we stop now and ignore signs pointing downward? If stimulus is the only thing we know that could work what’s the harm in trying?

By: Roger

Roger — Mon, 10 Aug 2009 18:47:37 +0000

Another stimulus Michelle? And then what? What if the next one doesn’t help? When does a failed stimulus prove that stimulus isn’t effective not that we need another?

By: Michelle Obama

Michelle Obama — Mon, 03 Aug 2009 17:02:31 +0000

What do you three predict will actually come out of the talks for a second stimulus? Congress shot down the idea two weeks ago but they seem to be going back to it.

By: Roger

Roger — Mon, 03 Aug 2009 05:39:44 +0000

Another good article with solid research. We can’t afford not to recover and we can’t afford another stimulus. I agree though with David and William.