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Discussion in 'Political Discussion' started by Ilikehappyppl, Nov 19, 2012.

  1. Ilikehappyppl

    Ilikehappyppl 2nd Team Getting Their First Start

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  2. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Home sales are increasing because they're already low to begin with and mortgage rates have been artifically lowered thereby rewarding spending and punishing saving. Just more bubble making by the Keynsians.
     
  3. Ilikehappyppl

    Ilikehappyppl 2nd Team Getting Their First Start

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    Nice, that only took 6 mins before someone came in here with an conspiracy theory!

    Its good news!;) Deal with it!:D

    GO USA!
     
  4. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Conspiracy theory.....wow. It is commonly known interest rates are being artifically pushed down to spur home buying.


    "Mortgage rates again fell record low levels this week, as the Federal Reserve's decision to buy billions in home loans for the foreseeable future continued to lower costs for would-be home buyers.
    The Fed announced Sept. 13 that it would be buying $40 billion in mortgage-backed securities each month for the foreseeable future. The idea of the purchases, popularly known as QE3, is to spur economic activity by pumping more cash into the economy and driving down rates. Those taking out new home loans, either to purchase or refinance, will be among the first beneficiaries of the Fed's policy."


    Mortgage rates hit record low again - Sep. 27, 2012


    Just another bubble being created....you do remember what bubbles do, right?
     
    Last edited: Nov 19, 2012
  5. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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  6. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Yes...Keynesians at work.
     
  7. DocHoliday

    DocHoliday In the Starting Line-Up

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    Do you even know what Keynesian means?
     
  8. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    lol....yes. Very much so. Do you?
     
  9. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    Japan does, that's for sure.

    What the hey....let's just start another WPA now!!! We'll just add millions of Americans to the federal payroll...while we're at it, let's re-open soup kitchens too.

    That way, we can ensure that those people will vote to continue bigger gov't...it's the "will of the people!"
     
    Last edited: Nov 19, 2012
  10. shmessy

    shmessy Maude Staff Member PatsFans.com Supporter

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    #75 Jersey

    Unlike the previous "conservative" President who took us from annual surpluses to deficits and simply mailed $300 checks to people (twice) and told everyone that it was their patriotic duty to go to the malls.

    Give me the more responsible Keynesians any day.

    BTW, RI, who appointed Ben Bernanke?
     
    Last edited: Nov 19, 2012
  11. PatriotsReign

    PatriotsReign Hall of Fame Poster

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    #18 Jersey

    We should never forgive Georgie for that one. He's by far the most incompetant head of the Fed we've ever seen.
     
  12. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Did I say that I was a fan of GWB? I've never thought that he was a true fiscal conservative.
     
  13. PatsFanInVa

    PatsFanInVa PatsFans.com Supporter PatsFans.com Supporter

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    Judging from his reply to me, he seems to think that Keynesian economics is a conspiracy theory.

    Tell me, what's the conspiracy, RI? Why are Keynesians conspiracy theorists? Why did every republican administration in power during an economic downturn join the "conspiracy theorists"?

    PFnV
     
  14. DocHoliday

    DocHoliday In the Starting Line-Up

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    I like how he seems to think keynesians are some evil cabal. Ten bucks he has a high opinion of Austrian economics and thinks we're all delusional for not embracing its utterly fringe glory.
     
    Last edited: Nov 19, 2012
  15. Harry Boy

    Harry Boy Look Up, It's Amazing PatsFans.com Supporter

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    I'd like to see a Real Birth Certificate------:confused:










    :D
    god willing
     
    Last edited: Nov 19, 2012
  16. Ilikehappyppl

    Ilikehappyppl 2nd Team Getting Their First Start

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    Here you go!
    [​IMG]

    Your welcome!;)
     
  17. RI Patriots fan

    RI Patriots fan In the Starting Line-Up

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    Conspiracy theory??.....when exactly did I say that? Every Republican adminstration in power during an economic downturn has turned to keynesian policies...are you sure about that? Let me guess, Paul Krugman and you both think that Reagan was a closet Keynesian, right?
     
    Last edited: Nov 19, 2012
  18. Real World

    Real World Moderator Staff Member

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    OMG what nonsense. Not only was there never such a thing as annual "surpluses", there was never even a single "surplus". It's like the government counting QE I, II, and III as revenue.
     
  19. Real World

    Real World Moderator Staff Member

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    Rates are under 3%, and prices are low. According to the article people are putting 9% down. Honestly, people should be buying homes. They'd be stupid not to. Unless of course, they are stupid, and don't have two nickels to scratch together.

    I don't think people understand how low rates are right now. Sub 3% people! Cheaper than renting in some cases, while both building equity, and receiving tax benefits. Real no brainer imo.
     
  20. jcdavey

    jcdavey In the Starting Line-Up

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    too bad all republicans couldn't be as cool as chris christie
     

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