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Posts By Doc Fenton
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Political Talk
re: Putting the Numbers on the Louisiana State Budget in Context - Doc Fenton
Ever since the days of Huey Long, it's always been the same old song in Louisiana--the big powerful corporate fat cats are getting away with stealing money from the poor little people. Blah, blah, blah....
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re: Putting the Numbers on the Louisiana State Budget in Context - Doc Fenton
Only $3 billion less? The $12.75 billion number seems to jive with my numbers, since adding that to "Direct Revenue" raised by the State of Louisiana would roughly equal expenditures in that fiscal year. Jindal has brought the gap between state expenditures and state direct revenue much closer, s...
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re: John Ellis Bush is the Anti-Trump - Doc Fenton
[quote]He is a TPP supporter and the big unions won't endorse HRC for her and Obamas stance on TPP. TPP is a job killer. Jeb! is also for common core and amnesty flowing as it currently is, with open borders.[/quote] You are such a classic Big Labor Democrat. :lol:...
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re: John Ellis Bush is the Anti-Trump - Doc Fenton
And to expound on my statement, "If Donald Trump is just another right-wing Euro-style socialist," I am mostly referring to the following: (1) Scapegoating economic and criminal problems on immigrants; (2) Blaming free trade and "currency manipulation" for some strangely imagined notion that we ...
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re: John Ellis Bush is the Anti-Trump - Doc Fenton
Yes....
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re: Putting the Numbers on the Louisiana State Budget in Context - Doc Fenton
And when I say "no-win", I only mean that performance since then would be disappointing. In a larger context, it remains to be seen whether Louisiana can maintain an advantageous position in per capita GDP going forward. As recently as 4 years ago ([link=(https://en.wikipedia.org/wiki/List_of_U.S._s...
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re: Putting the Numbers on the Louisiana State Budget in Context - Doc Fenton
I've already given my take on that. The burden of proof is on you to show that this policy peeve is actually significant. [quote]As for these complaints about government employee salaries and corporate tax incentives, I have never seen any numbers putting these issues into such a context to where...
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re: Putting the Numbers on the Louisiana State Budget in Context - Doc Fenton
Yeah, I'm sure there are details I'm missing, because I'm not a state and local political junkie, and because following state budgets is incredibly confusing given all the "General Fund" versus other fund accounting, the federal matching dollars and transfers to individuals, and how it all gets mixe...
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Putting the Numbers on the Louisiana State Budget in Context - Doc Fenton
I am not one who usually follows state and local government very closely, but with the recent shooting-himself-in-the-foot clown show performed by John Bel Edwards, I thought I'd do a little research and look into the numbers over the past 15 years or so to see how we got here. In particular, I ofte...
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Money Talk
re: JPMorgan Chase Bank CEO Jamie Dimon buys 500,000 shares of JPM - Doc Fenton
Yeah, but I fell for these exact same types of confidence signals back in mid-2008, when large institutional investors started investing back in MBS. They don't always know what they're doing. In Dimon's case, I trust that he knows what he's doing, and that buying more than 20% off the peak is no...
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Money Talk
re: Forecast when the Fed Reserve will increase interest rates again & how often? - Doc Fenton
[quote]You may be right, and your prediction is almost exactly what I originally predicted the my first post. But if there is a recession in the U.S. and the Fed raises rates anyway, there will be political hell to pay.[/quote] Exactly. I am thinking they will likely reverse their December 16...
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Money Talk
re: Forecast when the Fed Reserve will increase interest rates again & how often? - Doc Fenton
[quote]The Fed has painted themselves into a corner. Traditionally raising rates is a tool to fight inflation. I believe there is an internal interest rate for a normal functioning economy. When it gets too hot, raise rates, when it gets too cool, lower them. But because the Fed left the rat...
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Political Talk
re: John Ellis Bush is the Anti-Trump - Doc Fenton
... In other words, Ted Cruz is just another populist evangelical who wants to protect entitlements for old white people. If Donald Trump is just another right-wing Euro-style socialist (and, yes, he is exactly that), then Cruz is just another poser who speaks eloquently of the Constitution, but ...
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John Ellis Bush is the Anti-Trump - Doc Fenton
There are some great articles out today and yesterday on Jeb Bush's emergence as the primary anti-Trump candidate in the race... Washington Post: "[link=(https://www.washingtonpost.com/opinions/jeb-bush-is-not-dead/2016/02/10/0446d214-d03f-11e5-b2bc-988409ee911b_story.html)]Jeb Bush Is Not Dead[/...
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re: The Rise of Donald Trump is a terrifying moment. - Doc Fenton
[quote]No. It shows "what goes around, comes around". Dems have celebrated a divisive petulant punk in the WH for 7yrs. They have celebrated his lack of respect for long standing principles, his lack of decorum, and his lack of civility. They have disrespected critics, often in a very person...
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re: Jeb Bush and his campaign can't get any more dishonest and ironic than this - Doc Fenton
That may be true, but now he's the one starting to laugh: "[link=(http://www.realclearpolitics.com/video/2016/02/09/jeb_bush_new_hampshire_reset_the_race.html)]Jeb Bush: NH 'Reset the Race,' I'm Facing "Two Freshman Senators And A Reality TV Star"[/link]." This reminds me of the analysis I posted...
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re: The Rise of Donald Trump is a terrifying moment. - Doc Fenton
[quote]Donald Trump's views, with the exception of single payer, haven't changed since the 90s, but the democrats have shifted so far to the left that he now lines up with republicans.[/quote] That's pretty accurate. The horrifying moment here is just part of a gradual erosion of the U.S. elec...
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re: I think I have VASTLY underestimated Trump's general election chances - Doc Fenton
[quote]Trump is the next best thing to burning it all down and stopping the madness in DC.[/quote] Trump = just another fricking socialist...
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re: I think I have VASTLY underestimated Trump's general election chances - Doc Fenton
Bull shite. When Barack Obama clinched the nomination in 2008, Hillary Clinton had more popular votes than he did. It didn't matter, because his team did all the backroom deals better....
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re: I think I have VASTLY underestimated Trump's general election chances - Doc Fenton
[quote]she's not by any means a weak candidate or campaigner[/quote] :lol:...
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Posts By Doc Fenton
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