Great post! I too was a buyer last week, including Friday. SPY was yielding 3.10% or so when I bought under $88.
You might want to add to your list of things to do for "the new financial system" something about shareholders have to retake the companies from the inbred board of directors. They need to pay for performance and not give away 10% of earnings plus 4% a year dilution to a handful of insiders via stock options. I have no problem with giving stock for good performance, but it needs to be done in a way that FORCES insiders to build long term value instead of short term gains so they can unload the options at a high price before the stocks crater. Perhaps make options restricted such that they can't be exercised for 7-years.
95 Stocks with Low Debt to Equity [View article]
You might want to add to your list of things to do for "the new financial system" something about shareholders have to retake the companies from the inbred board of directors. They need to pay for performance and not give away 10% of earnings plus 4% a year dilution to a handful of insiders via stock options. I have no problem with giving stock for good performance, but it needs to be done in a way that FORCES insiders to build long term value instead of short term gains so they can unload the options at a high price before the stocks crater. Perhaps make options restricted such that they can't be exercised for 7-years.