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J. Christoph Amberger
17 Comments
Nation's Debt: It's Not Being Rescued, It's Being Moved Around
Gold Price Plunges: Might as Well Hold Stocks
Insiders Preparing for Major Drop in Oil Prices
Okay, I do it myself!
Gold Price Plunges: Might as Well Hold Stocks
(Wonder what he'd say about that inflation hedge quality had he bought gold in March at $1,033...)
More here: www.todaysfinancialnew...
Buying Healthcare Stocks for an Obama Presidency (Part III)
Based on the demonization of oil companies and the call for redistribution of their 8.9% margins, the public image of HMOs and pharma companies would indeed make these industries prime candidates for confiscatory tax policies and tort/malpractice lawsuits.
Would you mind addressing how a change in the political culture would affect these companies?
Fannie Drops on Freddie's Poor Earnings - Rebound Today?
But thanks for you advice. I will take it under consideration.
Fannie Drops on Freddie's Poor Earnings - Rebound Today?
Obama Wants to 'Robin Hood' Exxon
Based on Obama's platform, the question if -- at the beginning of what could be a protracted global recession -- a heavy-handed tax and confiscation policy (let's call the "windfall redistribution" by its proper name) is commendable seems easy to answer: History, for those who usually profess to be eager to "learn" from it, argues that it is not.
If a candidate campaigning on a platform of unilateral appeasement is the man to see America through an ongoing war on terror, a potential confrontation w/ Iran, an increasingly militant rivalry with China, and a Russian prime minister who just advocated that Russia needs to be "back in Cuba" is quite another matter. Obama has posed not just as anti-War but anti-military.
(Ironically, military spending has historically been the ultimate stimulus package. Just asks Messrs. Roosevelt and Reagan. Then why gripe about the $10 billion a month going into the Iraq/Afghanistan war and only piddle around with a $1,000 a year redistribution check?)
Global competition has increased not just from China and India, but from Europe: Even retro-socialist Germany and France have revamped their tax systems and lowered business taxes to BELOW the U.S. rate. (That under the Bush administration.) How attractive do you think this makes the United States as a magnet for new business. Or, vice versa, how many years can U.S. corporations afford to be headquartered (and taxable) in the U.S. -- if Dubai, Hong Kong, maybe soon Mumbai offer a better deal that pays for itself in tax savings in a quarter?
Think Halliburton is the only company that can move its taxable revenues from the U.S. jurisdiction?
I am no big fan of McCain, but clearly a market-based economy (as much as this is possible in this country) is preferable to top-down meddling from someone who apparently has no clue regarding his own finances.
And of course, in a media-created atmosphere of complete irrational, uncritical adulation of one particular candidate -- as inexperienced and isolated from real-world experience as this one -- , the ironic use of "Anointed One" is not only permissable. But right on the money.
If I say so myself.
Obama Wants to 'Robin Hood' Exxon
The idea of government randomly targeting a business or industry to extort money is the opposite of that: Autocratic, totalitarian... socialist.
Royale Energy: Experts in Natural Gas - Not Marketing
Rex Energy: Primed to Make the Big Bucks
Royale Energy: Rising Oil Prices Good for Natural Gas Stocks
Specialty Metals Group Indium IPO: Commodities Ponzi Scheme
Rex Energy: Primed to Make the Big Bucks
IPO Analysis: Penthouse or One-Bedroom Efficiency?