Comments on: The Newberry Doctrine http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/ The Market Intelligence Report Sat, 27 Aug 2011 18:22:40 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Charlie Resseguie http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-249 Charlie Resseguie Wed, 25 Nov 2009 03:28:47 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-249 Doug,I'm a fan of yours already since your first live interview show the other night. You have a very good perspective on alot of things.This doctrine thing of yours is really a great way to stop alot of things that have gone wrong in our country and if it were acted upon it would bring prosperity back to the country. NOW,if we could only clean our politicians up,and get back to government of the people by the people and for the people in a constitutional republic as we were founded to be. thanks friend, Charlie from central N.Y. Doug,I’m a fan of yours already since your first live interview show the other night. You have a very good perspective on alot of things.This doctrine thing of yours is really a great way to stop alot of things that have gone wrong in our country and if it were acted upon it would bring prosperity back to the country.
NOW,if we could only clean our politicians up,and get back to government of the people by the people and for the people in a constitutional republic as we were founded to be. thanks friend, Charlie from central N.Y.

]]> By: Doug Anderson http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-248 Doug Anderson Wed, 25 Nov 2009 02:22:44 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-248 Doug: your plan is 'way too easy'. The Tax Lawyers and lobbyists will never go for it. WHEN do we get started ? I'm in. call me, we'll do lunch. Doug: your plan is ‘way too easy’.

The Tax Lawyers and lobbyists will never go for it.

WHEN do we get started ? I’m in.

call me, we’ll do lunch.

]]> By: Doug Newberry http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-95 Doug Newberry Sun, 09 Nov 2008 10:13:46 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-95 Sounds great to me. There should be a reasonable limit to interest rates on credit cards. How would you keep inflation in check? It sounds like it would create such a massive economic train that consumers would drive prices through the roof until we ended back in the same boat. I don't mind paying enough tax to maintain a strong military defense also. #6 Make the FICA tax 15.3%(7.65% from employee, 7.65% from employer) apply to all income instead of capping it at the first $102,000. After the first $102,000 the employee could pick up the employer portion and pay the full 15.3%.(like a tip) I think our seniors deserve our help. Sounds great to me. There should be a reasonable limit to interest rates on credit cards. How would you keep inflation in check? It sounds like it would create such a massive economic train that consumers would drive prices through the roof until we ended back in the same boat. I don’t mind paying enough tax to maintain a strong military defense also.

#6 Make the FICA tax 15.3%(7.65% from employee, 7.65% from employer) apply to all income instead of capping it at the first $102,000. After the first $102,000 the employee could pick up the employer portion and pay the full 15.3%.(like a tip) I think our seniors deserve our help.

]]> By: William http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-76 William Wed, 08 Oct 2008 20:55:48 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-76 To sum up the solution, "we need to put the money back in the hands of the masses". This plan recapitalizes the consumer and lays the foundation for business growth, which in turn will generate tax revenue. Call it "trickle-up" economics. To sum up the solution, “we need to put the money back in the hands of the masses”. This plan recapitalizes the consumer and lays the foundation for business growth, which in turn will generate tax revenue. Call it “trickle-up” economics.

]]> By: Paul G. Johnston http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-58 Paul G. Johnston Thu, 18 Sep 2008 13:38:10 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-58 Dear Doug, I couldn't agree with you more with all points except one very large one! First of all, I want you to know that I am a huge fan of a man by the name of Peter Schiff, have you heard of him? That being said, are you aware of his view on interest rates ( and credit)? I happen to agree with him 100%. After listening to your view and many others since the mid 1970's and determining that those views have not helped me personally one iota. As a matter of fact all of you people have been enjoying low interest rates on the backs of people like me who have had to suffer by not getting s#*@ for over 35years on my savings. So, in fact, it is only through my suffering that people who refuse to live within their means get rewarded. And to top it off, they still can't pay and they drag others down with them. The solution is very easy, just have a meeting with Bernankie and company to "fix" the economy then do the exact opposite and give them all their last government sponsored pay checks and tell them all that their "services" will no longer be needed. BIGGER FISH TO FRY: If China and other countries adopt the gold standard which they are talking about doing they will beat us to the punch and things will get much worse for this country. Dear Doug, I couldn’t agree with you more with all points except one very large one! First of all, I want you to know that I am a huge fan of a man by the name of Peter Schiff, have you heard of him? That being said, are you aware of his view on interest rates ( and credit)? I happen to agree with him 100%. After listening to your view and many others since the mid 1970′s and determining that those views have not helped me personally one iota. As a matter of fact all of you people have been enjoying low interest rates on the backs of people like me who have had to suffer by not getting s#*@ for over 35years on my savings. So, in fact, it is only through my suffering that people who refuse to live within their means get rewarded. And to top it off, they still can’t pay and they drag others down with them. The solution is very easy, just have a meeting with Bernankie and company to “fix” the economy then do the exact opposite and give them all their last government sponsored pay checks and tell them all that their “services” will no longer be needed.
BIGGER FISH TO FRY: If China and other countries adopt the gold standard which they are talking about doing they will beat us to the punch and things will get much worse for this country.

]]> By: Jarvis Addison http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-57 Jarvis Addison Thu, 18 Sep 2008 04:02:51 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-57 That sounds like a great plan. Such a perfect way to discourage greed on the corporate side and encourage responsibility on the consumer side. Wanting consumers to constantly be mired in debt so that they can forever owe these people was the spark and with their successful lobbying, deregulation was the TNT. Now look at the mess they created. Funny how these so-called "great" companies are now welfare recipients. That sounds like a great plan. Such a perfect way to discourage greed on the corporate side and encourage responsibility on the consumer side.

Wanting consumers to constantly be mired in debt so that they can forever owe these people was the spark and with their successful lobbying, deregulation was the TNT. Now look at the mess they created. Funny how these so-called “great” companies are now welfare recipients.

]]> By: Earl McHugh http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-55 Earl McHugh Thu, 18 Sep 2008 00:04:54 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-55 This is truly pathetic. We are currently in the bursting of the vast bubble created by several factors, I suggest: easy, easier money for years, fostered by the clever Alan Greenspan who, despite his years, got out just in time and was nimble enough to secure about $8-9 million advance on his mediocre book; then we had the over-leveraging of their capital by legions of bankers, investment houses, hedge funds, etc. etc. who were \\" levered \\\' ( a neologism I did not invent ) by 30- 40% or more on their capital and, finally, the total lack of enforecement of any meaningful accounting standards. How can accounting firms allow their clients to have \\" OFF-THE BOOKS \\" LIABILITIES in sivs. cdos, etc. etc. to the extent of billions of dollars - so that looking at the books of the great Citigroup, Merrill Lynch, et al. was useless - because the extent of their unknown liabilities and value-less assets was unknown and unknowable. What ever became of FASB or, for that matter, the SEC???? This is truly pathetic. We are currently in the bursting of the vast bubble created by several factors, I suggest: easy, easier money for years, fostered by the clever Alan Greenspan who, despite his years, got out just in time and was nimble enough to secure about $8-9 million advance on his mediocre book; then we had the over-leveraging of their capital by legions of bankers, investment houses, hedge funds, etc. etc. who were \\" levered \\\’ ( a neologism I did not invent ) by 30- 40% or more on their capital and, finally, the total lack of enforecement of any meaningful accounting standards. How can accounting firms allow their clients to have \\" OFF-THE BOOKS \\" LIABILITIES in sivs. cdos, etc. etc. to the extent of billions of dollars – so that looking at the books of the great Citigroup, Merrill Lynch, et al. was useless – because the extent of their unknown liabilities and value-less assets was unknown and unknowable. What ever became of FASB or, for that matter, the SEC????

]]> By: sunpost http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/comment-page-1/#comment-52 sunpost Wed, 17 Sep 2008 23:29:05 +0000 http://blog.the-market-toolbox.com/130/the-newberry-doctrine-how-to-fix-the-economy/#comment-52 That makes too much sense. You better be prepared to be marginalized like Ron Paul. That makes too much sense. You better be prepared to be marginalized like Ron Paul.

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