How a "Very Pessimistic" Ron Paul Would Fix the Economy

Vote Ron Paul A lot of what hes says makes sense

I took a couple of law classes in the past and I had a professor ask, who had back rounds in Engineering. Once a half dozen of us indicated that we did, he stated that we were going to have a very hard time. LAW does not follow any type of logic. Since the vast majority of our Federal and State governments are run by Lawyers how can Mr Paul's plan that is totally logical ever work?

Former Treasury Secretary Henry Paulson says he pressured Bank of America last year to go through with its plans to buy Merrill Lynch but didn't tell the bank's chief to hide losses from shareholders. In testimony Thursday before the House Oversight and Government Reform Committee, Paulson said he told Bank of America Corp. CEO Kenneth Lewis that the Federal Reserve could fire him if he backed out on the deal.::::::::::::::::: Did you read this story on the Yahoo finance home page? Finally, we have found something the FED can do right. FIRE BANK PRESIDENTS! YEY! Who says their worthless? Wait a minute, they didn't fire him. Never mind.

Go Ron Paul! Unfortunately most Ameriocans are plain stupid, thay think money grows on trees and will keep voting for Bush and Obama ...

I agree. This is just a death by 2-3 quarters of cuts for the banks. Here is the latest evidence: ************** The earning season is quickly shaping up to be a hugely disappointing one in relation to the 115 S&P P/E. JPM is trading at a breath-taking 32 P/E. The Q2 2008 EPS is 0.53. The market is expecting nothing less than a 20% YoY increase, i.e. 0.65 EPS as demanded by the 32 P/E. What we got? A pathetic DROP to 0.28 EPS. THe big one is the loan loss: more than doubled YOY @$9.7 billion loss reserve, sour loans up to 3.5 billion from 3.2 billion. Charge-off on credit card is staggering @$813M. Prime loan deliquency shot up. The GAME IS OVER for JPM in Q3 and Q4. This is the turnig point. ***** But Why is stock still holding up irrationally? The answer lies in Beating the dubious estimates. 30 days ago the profit estimate for JPM was 0.37 which was reduced 7 days ago to 0.04. Is Estimate the same as expectation? Why is conspicuously lowering estimates before reporting a corrupted Wall Street game? The following analysis is provided to you in exchange for a decent amount of intellectual integrity. *************** To answer that, we have to defeat the inter-exchange of these two words: Estimate and expectation. For the corruption to go on, silently endorsed by the major media, the sleight of hand has to rely on the "optical" trick of transforming estimate to expectation. ********* But these two are fundamentally different concepts in the world of stock valuation. You see, expectation is reflected in the P/E ratio. Higher P/E means market expects a higher earning growth and vice versa. Estimate is earning forecasted by an analyst, who may be a monkey as long as the title lacks any objective standard. As a result, an estimate can be substantially different from the market expectation, represented by the p/E ratio. For years, the Wall Street has been trying to influence the market by misleading the participants to believe estimate is the market expectation. Therefore,beating an estimate means meeting or exceeding the market expectation, no matter how much the "underestimated" estimate is below the market expectation, i.e. the P/E. This cheating has been going for a long while now. Recall how frequently a reported result beats an estimate by a penny? Recall during the market downturn, like the Q1 2009, monkey analysts (my ultimate contempt of these inferior human beings who have sold their souls for a quick buck.) started massively reducing estimates leading to announcements. When they came, a earning midget suddenly became a giant because the measuring stick has been altered from expectation to estimate, the monkey estimate. Because the market expectation is represented by the p/E, not the estimate, it REQUIRES the E to be at a certain level to justify the P. Therefore, the only way to judge the level of E has to be comparing the past E to the future E. Although Robert Schiller has advocated the 10 E is a better representation of earnings than the 1 year E, which many agree including myself, the market is not looking that far out. It is also the reality, as dictated by the short-term trading, unless such activity is banned. SO, there you have it: Year over year earning comparison matters most. When you break the annual E into 4 quarters, it becomes the Year over Year comparison of quarterly earnings.

http://finance.yahoo.com/tech-ticker/art...!-Audit-the-Fed! Couldn't agree more. Didn't vote for Ron Paul in the primaries, b/c I at first unfairly thought he was a flash in the pan. Yet, after I see this 111th Congress rubber stamping trillions in new spending while I see the inflation rising.an economy crumbling, and the dollar getting body slammed in Asia, I can't seem to draw any better conclusion on Paul's economic philosophy other than maybe he's on to something. This Congress and the president are mortgaging three generations of Americans. I think Paul clearly sees it coming. Obama and Congress seem to want Americans to believe that they are all victims, that they are helpless. He seems to want to exploit their dispair in order to render votes and gain power. Promising lots of $$$ to the poor is a great way to get votes, but is also a great way to drive capitalism and the fundamentals of what made America so great out the window -- shades of France. In the US 43% of Americans don't even pay taxes. So, what kind of a "Republic" is the US when the tax payers are clearly not being represented? Better yet, how can Obama cut taxes for 95% of Amrericans when only 57% are actually paying taxes? A: "Tax rebates" which are 100% tantamount to welfare, meaning Obama is being sneaky -- promising more handouts to voters that have never paid their fair share. Mix in gov't controlled health care, higher taxes on over-taxed corporations... how is this not Socialism? I would for one welcome an audit of all facets of gov't, starting with the Fed. Second on the list would be Treasury. Third would be a simple US gov't balance sheet forecast consensus from unbiased analysts of the US under Obama's spending plan... to put it into perspective http://blog.heritage.org/2009/04/20/obam... Write and call your Congressman! GET THIS BILL PASSED!!!

Amazing! The US education and media leave out so much and "teach" so much that is wrong. It is unfortunate how few people will truly understand the core of what Rep. Paul is discussing, and the resulting implications. His greatest service to the US is educating the masses that there is another option that will better serve everyone.

I agree. This is just a death by 2-3 quarters of cuts for the banks. Here is the latest evidence: ************** The earning season is quickly shaping up to be a hugely disappointing one in relation to the 115 S&P P/E. JPM is trading at a breath-taking 32 P/E. The Q2 2008 EPS is 0.53. The market is expecting nothing less than a 20% YoY increase, i.e. 0.65 EPS as demanded by the 32 P/E. What we got? A pathetic DROP to 0.28 EPS. THe big one is the loan loss: more than doubled YOY @$9.7 billion loss reserve, sour loans up to 3.5 billion from 3.2 billion. Charge-off on credit card is staggering @$813M. Prime loan deliquency shot up. The GAME IS OVER for JPM in Q3 and Q4. This is the turnig point. ***** But Why is stock still holding up irrationally? The answer lies in Beating the dubious estimates. 30 days ago the profit estimate for JPM was 0.37 which was reduced 7 days ago to 0.04. Is Estimate the same as expectation? Why is conspicuously lowering estimates before reporting a corrupted Wall Street game? The following analysis is provided to you in exchange for a decent amount of intellectual integrity. *************** To answer that, we have to defeat the inter-exchange of these two words: Estimate and expectation. For the corruption to go on, silently endorsed by the major media, the sleight of hand has to rely on the "optical" trick of transforming estimate to expectation. ********* But these two are fundamentally different concepts in the world of stock valuation. You see, expectation is reflected in the P/E ratio. Higher P/E means market expects a higher earning growth and vice versa. Estimate is earning forecasted by an analyst, who may be a monkey as long as the title lacks any objective standard. As a result, an estimate can be substantially different from the market expectation, represented by the p/E ratio. For years, the Wall Street has been trying to influence the market by misleading the participants to believe estimate is the market expectation. Therefore,beating an estimate means meeting or exceeding the market expectation, no matter how much the "underestimated" estimate is below the market expectation, i.e. the P/E. This cheating has been going for a long while now. Recall how frequently a reported result beats an estimate by a penny? Recall during the market downturn, like the Q1 2009, monkey analysts (my ultimate contempt of these inferior human beings who have sold their souls for a quick buck.) started massively reducing estimates leading to announcements. When they came, a earning midget suddenly became a giant because the measuring stick has been altered from expectation to estimate, the monkey estimate. Because the market expectation is represented by the p/E, not the estimate, it REQUIRES the E to be at a certain level to justify the P. Therefore, the only way to judge the level of E has to be comparing the past E to the future E. Although Robert Schiller has advocated the 10 E is a better representation of earnings than the 1 year E, which many agree including myself, the market is not looking that far out. It is also the reality, as dictated by the short-term trading, unless such activity is banned. SO, there you have it: Year over year earning comparison matters most. When you break the annual E into 4 quarters, it becomes the Year over Year comparison of quarterly earnings.

Holy Ron Paul Batman!!

Paul was the right man for the job. no we have to suffer through Obamalamadingdong presidency.

Wow! What a breath of fresh air! It seems that our president is hell bent on bringing the working class to it's knees and moving the government to be "mother of us all" What ever happened to hard work and saving? I guess well have to all get on the unemployment line and depend on "mother"

I can tell you right now, there are a whole group of people that aren't gonna vote for this guy. What is this nonsense about allowing bad businesses to fail? Savings? Savings? We don't need no sticken savings. Reward people that take care of themselves!!! Revolutionist!!! Here, we have come to the point where we separate the poor victims of the wealthy oilmen bankers that cheated them out of their homes and jobs from the ones that actually tried to do the right thing. Big government is nothing more than a shell game to garner votes. This approach about penalizing success is absurd. This government could be cut in half and still provide the necessary services needed to run the country. Privatize the Post Office and replace the IRS with a 15% flat tax with NO LOOP HOLES would be a great place to start. The next big ticket item is Social Services. Maybe take some of the Gestapo IRS agents and turn them loose on welfare fraud. What that money come pouring in... just so the politicians can spend it on more insane ideas.

People would rather have the govt. give them stuff than work for it, so we will unfortunately never have someone like Ron Paul as president. If he didn't bend his principles into the gray area on earmarks (voting against them, but adding in amendments for ones that support his district to bring home the bacon) he would not even be elected i his district.

Yes, why not encourage this . Then we can continue on the path of the rich becoming richer at the expense of the poor.Unfortunantelly(sp) to make money in Capitalism requires money. Therefore, those who have will be able to expand and those who don't will continue to go in the opposite direction.

God please put Ron Paul in the presidency. He is the only true American left.

There are only a handful of elected officials in Washington really looking out for the liberty of the American people, and Ron Paul is the best of them. Maybe, just maybe, if Ron Pauls word gets out in the media, the American people can make some informed decisions. Remember people, the more money the Fed and Obama give out, the less each dollar in your pocket is worth. And as for government provided healthcare...I mean "reformed" healthcare; ask a veteran who has been to a VA hospital how great the care was. That's where we are headed people, stop the madness. Smaller government = Better government! Ron Paul 2012!

Ron Paul can the economy and America by going away forever

The Rockefeller Trilateral Commission and the Council on Foreign Relations work Very Closely with the Wall Street Investment Banks to set up and execute the Job Exportation and Illegal Immigration problems. It is this Agenda that Works Agianst the Working Class in the USA. If it were not for this Job Exportation and Illegal Immigration there would be no Crisis in the first place and there would be no need to Bail Out any one or any Corporation and Countless Millions of Jobs that have been Removed from the USA would still be here. Also our Infrustructure would still be on Solid Gound and the Tax Base would still be here. The Constitution Party is the Only Political Party out there that has any chance of turning this country around as all the rest have Sold Out to Wall Streets Desire of Global Greed for a Few Super Rich at the Top. www.constitutionparty.org http://breakingfreeinamerica.blogspot.com/

Sure, let's go back to the old days of the 1930's before FDR.

Education is the key! I had so much liberal propaganda crammed down my throat in college that I lean more republican just to spite all those ninnies. Oh wait all the teachers are in unions no wonder they proliferate liberal lies and twist truths, it benefits them in the end.