Comments on: Has the Last Contango Been Danced in Washington? http://www.blog.populistamerica.com/2009/02/02/has-the-last-contango-been-danced-in-washington/ Liberty, Peace, Prosperity Fri, 20 Nov 2009 22:46:25 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Teddy http://www.blog.populistamerica.com/2009/02/02/has-the-last-contango-been-danced-in-washington/comment-page-1/#comment-786 Teddy Tue, 03 Feb 2009 23:57:27 +0000 http://blog.populistamerica.com/?p=1003#comment-786 I think it's important to lay blame where it really belongs.  While some corporations made some terrible choices, and others engaged in fraud, this isn't the vast majority of companies.  Think about it, you have the free choice to not do business with most, if not all, of these companies. The government, on the other hand, created this problem, with artifically low interest rates to encourage wild financial speculation, too many regulations driving many businesses to seek labor outside the country, printing too much money, devaluing the dollar, and the list could go on for pages and pages. I think it’s important to lay blame where it really belongs.  While some corporations made some terrible choices, and others engaged in fraud, this isn’t the vast majority of companies.  Think about it, you have the free choice to not do business with most, if not all, of these companies.

The government, on the other hand, created this problem, with artifically low interest rates to encourage wild financial speculation, too many regulations driving many businesses to seek labor outside the country, printing too much money, devaluing the dollar, and the list could go on for pages and pages.

]]> By: Steve Henderson http://www.blog.populistamerica.com/2009/02/02/has-the-last-contango-been-danced-in-washington/comment-page-1/#comment-785 Steve Henderson Tue, 03 Feb 2009 21:17:12 +0000 http://blog.populistamerica.com/?p=1003#comment-785 Yes it would seem to be a supply and Demand situation...sadly, the greedy mongruls ( oil speculators & NOT retirement funds) did more to hurt the american economy as We the people did...after all many american have and continue to live beyond their means. Many kids and grand kids have an attitude' of " entitlement" ...and here it is the fault of the " boomer' generation" but you'll never hear anyone to ever admit to such a thing huh ? Yes it would seem to be a supply and Demand situation…sadly, the greedy mongruls ( oil speculators & NOT retirement funds) did more to hurt the american economy as We the people did…after all many american have and continue to live beyond their means. Many kids and grand kids have an attitude’ of ” entitlement” …and here it is the fault of the ” boomer’ generation”
but you’ll never hear anyone to ever admit to such a thing huh ?

]]> By: Goose http://www.blog.populistamerica.com/2009/02/02/has-the-last-contango-been-danced-in-washington/comment-page-1/#comment-784 Goose Mon, 02 Feb 2009 19:25:21 +0000 http://blog.populistamerica.com/?p=1003#comment-784 Seems like a pretty basic supply-and-demand situation here.  If gold is in backwardation for an extended period, prices will eventually drive way up. Is that a signal for the weakness of the dollar?   The article is pretty convincing, in my opinion. Seems like a pretty basic supply-and-demand situation here.  If gold is in backwardation for an extended period, prices will eventually drive way up. Is that a signal for the weakness of the dollar?   The article is pretty convincing, in my opinion.

]]> By: Dave Anderson http://www.blog.populistamerica.com/2009/02/02/has-the-last-contango-been-danced-in-washington/comment-page-1/#comment-783 Dave Anderson Mon, 02 Feb 2009 15:17:05 +0000 http://blog.populistamerica.com/?p=1003#comment-783 I think the collapse of the dollar started a long, long time ago- 1913-ish, wasn't it?  But yes, I'm sure there's some indicators of the last, fast, crash to rock-bottom.  Really interesting article! I think the collapse of the dollar started a long, long time ago- 1913-ish, wasn’t it?  But yes, I’m sure there’s some indicators of the last, fast, crash to rock-bottom.  Really interesting article!

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