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Rousseau SC

Rousseau SC
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  • What Bernanke Couldn't Quite Say [View article]
    What Bernanke could not say:
    "Too Big To Fail" means "Too Big To Be Allowed".
    Break them up like they broke up Ma Bell, for the good of humanity.
    Sep 14 08:46 AM | 1 Like Like |Link to Comment
  • Why I'm Not Afraid Of QE3 [View article]
    Your view of whether the Fed is making the right moves depends upon whether you are wealthy or not. The CPI does not include the most significant expenditures for most people, food, utilities, gasoline, etc. Those have skyrocketed.
    The Fed has fed money into the TBTF banks, who are hoarding the money due to pressure from the FDIC to meet the "stress tests" The money does not get where it needs to go, to the middle class consumer (whose wages in real terms have decreased dramatically) and to small businesses, who traditionally have been the creators or 80% of employment. The appearance is that this Administration and the Fed are intent on increasing the wealth of the wealthy and quashing the middle class. That is why the discrepancy between incomes and financial wealth has so dramatically increased the last few years.

    WHY WOULD INSTITUTIONS TOO BIG TO FAIL NOT BE DISMANTLED LIKE MA BELL WAS DISMANTLED?
    BECAUSE THEY CONTROL THE FEDERAL GOVT.
    Sep 14 08:35 AM | Likes Like |Link to Comment
  • Why QE3 Will Not Happen [View article]
    The FDIC is requiring banks to hoard cash to meet their "stress tests"
    Accordingly, Uncle Sam is givng the TBTF banks money and not letting them lend it. If they are TBTF, then why not break them up like Ma Bell was broken up?
    Sep 12 09:29 AM | Likes Like |Link to Comment
  • Why QE3 Will Not Happen [View article]
    They are hoarding cash among other reasons because the FDIC requires them to hoard cash to meet their "stress tests". In essence, Uncle Sam is preventing lending.
    Sep 12 09:24 AM | 1 Like Like |Link to Comment
  • Why QE3 Will Not Happen [View article]
    They are doing worse than giving money to banks for free. HUD has now begun pooling their real estate assets to sell to investors (e.g., hedge funds, Penny Mac, etc.). They had been listing them for sale to the public, with the intial 30 day period being open only to owner-occupant buyers and with a goal of 70% of the properties being sold to owner-occupants. Now, the big boys will be buying and cashing in on their exclusive rights to buy FHA foreclosures.
    Sep 11 10:13 AM | 1 Like Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    It appears that Obama's fiscal policy depends upon whether he is acting as President or acting as candidate.
    Sep 10 09:12 AM | Likes Like |Link to Comment
  • "Unbearably at odds with prevailing conditions," John Hussman remains strongly bearish on the market. Only a few times in history has the S&P been so high when measured against a host of indicators followed by Hussman. The experience of the other instances suggests investors need to get defensive. [View news story]
    The problem with trying to analyze the market by comparison with past marekets is that Uncle Sam has never so openly and aggressively tried to manipulate the market. There is now more of an insider's advantage than perhaps ever before.
    Sep 10 09:08 AM | 2 Likes Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    Why were tax cuts bad when Obama campaigned for President in 2008, good when Obama was President and wanted to extend them, and bad when his economic policyes have failed and he is again campaigning?
    Sep 9 05:19 PM | Likes Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    Exhibit # 1: Obama actually bragged that the USA used less imported oil. He forgot to mention that this was the result of tanking the economy.
    Sep 7 08:53 AM | 1 Like Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    Actually, Hendershot, you appear to know nothing about history.
    Sep 7 08:51 AM | 2 Likes Like |Link to Comment
  • What Bernanke Couldn't Quite Say [View article]
    Di you hear Obama bragging that the USA imported less oil? That means the economy is tanking, not anything to brag about.
    Sep 7 08:50 AM | Likes Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    anonymous# 12. I'd want to be anonymous also if I wrote such inane posts
    Sep 4 07:59 PM | 4 Likes Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    The Republican policies resulted in the mortgage loan crisis? Resulted in n the recession caused by the big banks who put Obama in office, who gave Chris Dodd a "Friends of Angelo" loan? It was Barney Frank and Chris Dodd who kept reassuring everyone that Freddie Mac and Fannie Mae were rock solid, no problems at all and did not need reform. You must be joking. The Democrats held majorities in both houses of Congress and stopped Bush's attmepts to reform Freddie and Fannie and they were led by Frank and Dodd.
    Obama himself supported extending Bush';s "cut taxes on the rich" tax cut and argued that it would be " a mistake" to raise taxes during a recession. Now, he sees it better politics to "flip-flop" on the issue because he is relying on his supporters forgetting his real positions, and listening empty-headed to his political trash talk.
    Sep 4 07:57 PM | 3 Likes Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    Your comment is exactly on the money Poor Texan
    Sep 4 07:48 PM | 1 Like Like |Link to Comment
  • Is the U.S. better off than four years ago? When it comes to energy, Duke Energy (DUK) CEO Jim Rogers says yes: "Are we better off in terms of efficiency? We see per-home usage of electricity declining… We [have had] two license[s] for nuclear plants issued. We have abundant supply of natural gas at low prices... [In] the various ways to generate electricity, we’re better off today." [View news story]
    Is someone brown-nosing the Administration (for better treatment)?
    Sep 4 12:23 PM | 4 Likes Like |Link to Comment
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