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Rousseau SC

Rousseau SC
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  • Market Rally: Why You Should Be Worried [View article]
    I have been thinking about supporting the concept of "stimulus spending". Perhaps bankrupting Uncle Sam could have positive results. If Uncle Sam loses its power to borrow, then maybe it will have fewer resources with which to harass us. LOL
    Feb 1, 2013. 12:44 PM | Likes Like |Link to Comment
  • Up 5.31% so far this month, the S&P 500 is on track for its best January since 1997 - happy news for the "as January goes, so goes the year" crowd. Maybe of more interest: Apple - the S&P's highest-weighted member - is also the worst-performer, -14.3%. Has there ever been an instance when the index has done so well while its largest holding did so poorly? [View news story]
    I don't trust historical indicators in this market that the Fed is pumping up with unfettered money-printing.
    Jan 31, 2013. 09:47 AM | 1 Like Like |Link to Comment
  • Gold For The Right Reasons [View article]
    Would that not fuel devaluation of the yuan? Perhaps that is the goal.
    Jan 29, 2013. 01:57 PM | 2 Likes Like |Link to Comment
  • Investors Beware - The Misplaced Infatuation With Gold Could Cost You Dearly [View article]
    Ok, long-term investor, how many stocks have value for centuries?

    It seems that the key to gold is that it has a potential for high returns and it retains some value despite any financial reversal, and despite the fall of nation states and fiat currencies, whereas every company eventually fails and every stock is subject to losing all value.
    Jan 29, 2013. 01:55 PM | 1 Like Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]
    Interesityng Times,

    Lincoln did not do away with slavery. The Emancipation Proclamation only applied to the states in rebellion. Nebraska was the last state to outlaw slavery. I think it was 1876 if I remember correctly.
    Jan 28, 2013. 08:33 AM | 1 Like Like |Link to Comment
  • Market Rally: Why You Should Be Worried [View article]
    When rates are low you should have money to pay down debt so that when rates increase, you don't default.

    If you increase debt while rates are low, then I would think that you invite catastrophe when rates increase. Even merely doubling these abnormally low rates would cripple us at current debt levels and would devastate us at higher debt levels.
    Jan 27, 2013. 03:29 PM | 3 Likes Like |Link to Comment
  • Banking Reform: Do We Need More Regulation Or Just Better Regulation? [View article]
    What needs to happen, in my humble opinion, is to terminate the alliance between the TBTF banks and Uncle Sam. This can be best done and serve the most important services to our citizens by breaking up the TBTF banks like Ma Bell was dismantled. Too much power in too few hands is too much temptation and results in too little liberty.
    Jan 26, 2013. 11:01 AM | 1 Like Like |Link to Comment
  • Currency Wars And The ECB's Shrinking Balance Sheet [View article]
    Let's see.... The ECB balance sheet shrinks, the Fed's balance sheet surpasses $ 3 Trillion.

    Is the problem with the American economy really in Europe?

    Perhaps a move toward austerity works.
    Jan 26, 2013. 10:40 AM | Likes Like |Link to Comment
  • Silver Forecast Is $90 In 2013? [View article]
    If you use proceeds from the sale of silver to buy stocks, rather than to pay bills or buy goods and services, that makes sense. - just a thought.
    Jan 26, 2013. 08:58 AM | Likes Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]

    Your memory is defective or simply clouded by ideology.

    Bill Clinton inherited a decent economy. By 2007, he was presiding over a recession, which contributed to Bush's election. The Bush tax cuts helped restore the economy.

    Then, the mortgage crisis, caused by alliance of Wall Street TBTF banks and two of the the Dem's favorite agencies, Fannie and Freddie, drove the country into recession.

    Conservative policies did not contribute to the dotcom bubble.

    Liberal policies caused the 2007 recession and the 2008 financial meltdown.

    Those who want to re-write history risk repeating it.

    In fact, during his stint in the Senate, Obama collected more contributions from the GSE's than any other member of Congress and, in 2008, Wall Street repaid the Dems for their frat party by contributing 70% of their campaign contributions to Obama's campaign. It was Chris Dodd, then chairman of the Senate Finace Committee who was next in line (and received a "friends of Angelo" mortgage from Countrywide. It was Barney Frank who opposed reform by publically taking the stance that Freddie and Fannie were financially "sound" and claiming those who wanted reform simply opposed making homewnership available to more people.

    Dems want to blame Bush simply because they cannot deal with their own guilt and admit they are the major source of the problem, rather than the solution.
    Jan 25, 2013. 08:42 AM | 1 Like Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]
    The fact is that any progressive effect of the income tax is more than offset by the regressive effect of the payroll tax, especially upon the self-employed. (The payroll tax is a regressive income tax, not a retirement contribution as the funds are not protected in a true trust fund and are not segregated for the contributors, either as a group or individually).
    Jan 23, 2013. 09:17 AM | 2 Likes Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]
    I agree. I apologized publically for my self-indulgent reply. I beat myself up this morning for the personal atttack. I will not respond again by making an issue of the idelogical messengers. My excuses are irrelevant.
    Jan 22, 2013. 08:39 AM | Likes Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]
    I apologize tomcuz for going off on you. I just get tired of reading mindless hate-blogs like yours.
    Jan 21, 2013. 07:03 PM | 1 Like Like |Link to Comment
  • Who's Really Ignoring 47% Of Americans Today? [View article]
    I am not a Repub or a Dem. I only want liberty, mercy and truth to prevail and I beleive in limited govt. I don't like the Repub leadership either, but they are the lesser (by slight measure only) of two evils.
    Jan 21, 2013. 06:33 PM | 2 Likes Like |Link to Comment
  • Gold Is Not Money - It's Something Better [View article]
    Yes ,it is a big part, but the TBTF banks also make money borrowing from the discount window at 0% and buying Treasurines. Why do you think that they own @ 10% of the US debt?
    Jan 21, 2013. 06:31 PM | Likes Like |Link to Comment