Do You Believe Borrowing Leads to Prosperity? (Part 2) [View article]
You are EXACTLY right, sir. Our current dilemma is our government can no more charge its way to economic prosperity than its citizens can. Our future problem is how do we get the governmental camel's nose out from under our tent long enough to let nature take its course?
And Jo's right, too. At least the Tea Party folks PAY their taxes, unlike many of B-O & Co's. political appointees.
How Bailouts Are Messing with Capitalism [View article]
Thank you for taking the time to write perhaps the BEST ARTICLE I've ever read on Seeking Alpha. You explain "Creative Destruction" and the absolute necessity for it if our nation is to maintain its economic competitiveness in terms everyone can understand.
OF COURSE those of us working for uncompetitive companies in dying industries don't want to hear it. But if our children are going to have any sort of viable future, listen we must.
The only thing I know for sure is you can trust the President-elect and the Congress to BLAME the outgoing Administration if the economy doesn't recover during the next four years to get re-elected.
It's turning out to be a fascinating tale, and it just keeps getting better. Perhaps our President-elect and his Congress should consider keeping some of their powder dry. After monetizing a few more trillion, infusing further dollars into our financial system is going to lose its impact. Not to mention we risk becoming this century's version of the Weimar Republic.
Integrated oils will be added to the Dow once more, as they regain their position as some of the world's largest and most successful industrial companies.
The financials have already lost in excess of 1/2 of their market caps.
GE is more curious. Owing to its sheer size, it seems unlikely the EU would allow it to combine with anybody. It appears more likely they're headed toward a new CEO instead, in an effort to recapture past glories.
Do You Believe Borrowing Leads to Prosperity? (Part 2) [View article]
And Jo's right, too. At least the Tea Party folks PAY their taxes, unlike many of B-O & Co's. political appointees.
How Bailouts Are Messing with Capitalism [View article]
OF COURSE those of us working for uncompetitive companies in dying industries don't want to hear it. But if our children are going to have any sort of viable future, listen we must.
Five Missing Pieces to the Stimulus Plan [View article]
And don't forget Smoot-Hawley. Let's do that, too.
Turning Japanese: The Audacity of Reality (Part 3 of 3) [View article]
We're 0 for 14 on your first chart, and 14 for 14 on the second. Indeed, we're getting it EXACTLY wrong.
But turning Japanese isn't the answer. We need to emulate the CHINESE and BRAZILIANS instead. Our only hope is to GROW our way out of this mess.
Psychology of the Bailouts [View article]
Obama's Gloomy Bailout Inheritance [View article]
It's turning out to be a fascinating tale, and it just keeps getting better. Perhaps our President-elect and his Congress should consider keeping some of their powder dry. After monetizing a few more trillion, infusing further dollars into our financial system is going to lose its impact. Not to mention we risk becoming this century's version of the Weimar Republic.
Time To Start Buying Some Dogs? [View article]
Time To Start Buying Some Dogs? [View article]
GE is more curious. Owing to its sheer size, it seems unlikely the EU would allow it to combine with anybody. It appears more likely they're headed toward a new CEO instead, in an effort to recapture past glories.
Time To Start Buying Some Dogs? [View article]
Time To Start Buying Some Dogs? [View article]