Take your medicine

[Fransisco]

http://www.youtube.com/watch?v=JnX-D4kkPOQ

[Fransisco]

Came across this, this morning. For all of you who continue to parrot the deregulation myth.

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/11/19/the_blame_for_bloated_economy/?page=full

"Like the alligators lurking in New York City sewers, Bush's massive regulatory rollback is mostly urban legend. Far from throwing out the rulebook, the administration has expanded it: Since Bush became president, the Federal Register - the government's annual compendium of proposed and finalized regulations - has run to more than 74,000 pages every year but one. During the Clinton years, by contrast, the Federal Register reached that length just once.

Similarly, the administration has broken every previous record for regulatory agency spending. According to researchers at Washington University and George Mason University, appropriations for federal regulatory functions have shot up during the Bush years. Adjusting for inflation, the regulatory budget has grown from $25 billion in fiscal year 2000 to an estimated $43 billion in FY 2009 - a 70 percent increase. "In constant dollars," writes James Freeman in the Wall Street Journal, "the Bush regulatory budget increases vastly exceed those of predecessors Clinton, Bush, Reagan, Carter, Nixon, and, yes, Lyndon Johnson." Staffing has skyrocketed, too. Regulatory agencies employed 175,000 people in 2000. They employ nearly 264,000 today. (Some of that reflects the Transportation Security Administration's takeover of airport security screening in 2003.)

Amid the stress and storm of the financial crisis, "deregulation" makes a convenient villain. But the facts say otherwise: The nation's regulatory burden has grown heavier, not lighter, since Bush entered the White House. Too little government didn't make the economy sick. Too much government isn't going to make it better."

If you want to blame Bush, fine, but blame him for the right things, blame him for adding to the regulatory problem.

[agstar77]

So you are saying the Dems were more free market than the Reps? Strange that the U.S. went into deep operating deficit when Bush took over.

[Burbert]

Blame Bush! I think not, great leader, or the greatest leader of all time. Cowboy justice on the open range. In charge, the decider, great warrior, not afraid to send others to their death. Law an order kinda guy, executing the challenged underaged. Constitution, constipation do whats right to hell with the rest, putcha in Gitmo or Aboograb if ya don't smarten up, no rights no lefts. Tappin yer phones too, chekin on busness. Keep the pops and moms of Amerika terrified, the bogey man will getcha, if I/We the crazies don't protectya. We're gonna ride out and smoke'm out. War/snore, money to be made by all, the unfettured free market, can take care of itself, or can't, who cares this is Amerika land of oppurtunists. Bailouts, smaillout, just print more money, learned that from Mogobbie in the country of Afrika. Don't stop spending, we're all in the same canu, except for me cause my daddy is rich, rich, rich, and my friend is a Dick. Probably end up on the board of dictators at Halibutton after bein Presedent. Gotta get back to crawford and git the crop in. Good ole boys say there money in farmin these days. Bye Bye W, Free, free at last!

[cottonpicken]

http://216.157.72.247/wp-content/uploads/2008/11/obamajes.jpg

I just puked in my mouth.

At least i stand to benefit from hyper inflation unlike 99% of people.

[Fransisco]

What I'm saying is that both the Dems and the Republicans are using the same playbook on this and not only are they both getting it wrong they are both to blame for making things worse.

[cottonpicken]

http://www.bloomberg.com/apps/news?pid=20601110&sid=aDqw8_eMzrhU

seeing into the future is sometimes hard,but profitable.

Its been a long four years.

Why did wheat hit 20 bucks?

[goldhaven]

hey cotton, this is the first time i've posted on this board. I've been a reader for about two years now and value your input into the commodities. What are your views on where grain/oilseed prices are going in the next 2-8 months, and the next two years. It seems the scare is on now to sell grain on fears of a bad recession and further downward spiral of prices. If everybody is hanging on in hopes of better prices in the spring even though most producers in the prairies just had a bumper year, doesn't everybody see the squeeze that the market is going to put on producers, or is the market senseless to what the prairie producers have? What have you done that 99% of producers haven't done/prepared for?? Do you believe we will see $20 wheat and canola again this spring...or did i miss the boat?

[TOM4CWB]

C.P.

"Why did wheat hit 20 bucks?"

Because the Japanese were short... and bid wheat up to suck out the last of the DNS before new crop... last spring. They bid out the extra seed with that price.

Once it was assured everything was bought... that could be bought... they dropped the bids.

What possible reason would there be for them to need to do the same... this year... other than the US $$$ colapsing to 10% (pick a number) of its value today!

There is tons of grain this year... in the EU/CA/AU/US/Brazil/FSU.

3rd world counties are going into a reserve crisis... just like GM/FORD/CRY.

If the US hadn't issued billins in export credit programs... where would grain prices be right now? DOWN 30% more?