cabby john wrote:
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That is the difference - I never offered any evidence, What you have failed to grasp is that I offered an opinion and that is all that it was - no more than opinion.
Well if your case has been based on opinion rather than fact then the tenor of your remarks certainly haven't conveyed that impression. You seemed to be stating as a fact that low interest rates weren't a factor in causing the recession, rather than just being one opinion amongst others.
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As for refuting the efficiency of monetary policies, let us just say that all has failed so badly before us that the whole democratic world has now got to reform policies so that this never happens again - out on a limb, I do not think so!
But I thought the essence of your case was that interest rate policy was irrelevant, so presumably you don't seek reform in that regard?
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Everything that you offered came from newspapers that were wise after the event, and a failure by yourself to grasp that interest rates AND as to how the money was loaned were two different things. From there you lost credibility, not from being wrong because we can all be wrong, but from not being big enough to put your hand up saying so OR just walking away.
Again this is saying that I'm wrong as a matter of fact rather than us just having a difference of opinion, so you seem to be contradicting yourself.
More specifically, I said from the outset that both lending policies and interest rates were factors, so how can you now claim that I failed to grasp that they were two different things?
In the initial thread I said early on in the discussion:
"I think both low interest rates and lax lending were relevant"and never departed from this, so how can you now say that I failed to grasp that they were two different things?
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Continue by all means to attack me - name calling ( how very childish):roll:, derogatory comments
( all the hall marks of a lost argument from a childish person) but all in all the fact remains - you were wrong, which is no big deal and the other thing if I have not already mentioned it....................
Grow upWell I'm sorry you feel this way, but I'm always very careful to keep debates civil and to avoid any slight on other people as far as this is possible.
And looking back at the thread I stand by this.
For example, I wouldn't use phrases such as:
"you have not got to be a genius to work it out"
and
"What you have failed to grasp"
and
"Of course if you are going to believe all these geniuses climbing out of the wardrobe who just happen to write for newspapers, then there is no help for you"
But YOU introduced that tone into the discussion, and indeed you then said, without a hint of humour:
"I am thinking of asking TDO if we can have this in Braille as you seem to have great difficulty in reading the posts or perhaps you should take a trip to Spec Savers."
Of course, I have to an extent responded in kind, but certainly no worse than yourself, so it's a bit rich to call me childish.
Perhaps you took exception to my joke earlier in this thread, but it did have serious point behind it, and frankly if you can't tolerate a bit of humouir and banter then I don't know what you're doing on forums like this, and particularly since my comment hardly lowers the tone of the forum as a whole.
I don't think I need refer you to the various London and Edinburgh threads in this regard, but you may have noticed Sussex's response to my point about charges for the disabled, which I took in good humour, but I assume your response would have been very different if it had been targeted at the Welsh?
http://taxi-driver.co.uk/phpBB2/viewtopic.php?t=9952
As for your accusations about me twisting the argument and nit-picking and the like, I think that's unfair and I've refuted those points previously.
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it took you two replies to supposedly get your act together and then another to say bye 
