User 118015

Total Rating:
+19 / -12

266 Comments

    • Sun Sep 28th 14:21 PM | Rating: 0 0
      Commented on:
      3 Things America Needs to Do to Get the Economy Back on Track
      I do not believe that this or the next administration will be able to make the tough choices...all will be painfull and beyond the will of the American Public to bare...we have grown up with credit as our personal right and the smooth talking salesman as our hero and advisor...lets face it...the game is over and were going into second or third rate status and hopefully there will be enough food kitchens to feed all of us.
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    • Sat Sep 27th 20:21 PM | Rating: 0 0
      Commented on:
      Can Investor Sentiment Be Rescued?
      The bailout will just add to negative investment sentiment...being screwed by a bad economy, bad stock market, negative CD/Treasure returns and now increased taxes forever and ever. People lived by borrowing and now the game is over, the chickens came home to roost and the game will never start again in my lifetime and I'm only six years old. Prudent investors got screwed by the imprudent which is a lesson learned by the prudent...they should have followed the "live beyond your means" crowd and kept their money safe and waked away from the game now after extracting all the fat. I suppose the smart prudent ones did. The failed fat cats are going to be bailed out by the government and the failed lean cats are going to pay the bill.
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    • Thu Sep 25th 18:20 PM | Rating: 0 0
      Commented on:
      Bailout or Savvy Investment?
      Created emergency bailout for the big shots...business as usual.
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    • Thu Sep 25th 13:13 PM | Rating: 0 0
      Commented on:
      An Absence of Leadership
      Obama laid down conditions for throwing in his support behind the package compiled by the president, the treasury secretary and the head of the Federal Reserve:

      1. The distribution of the bailout funds must be subject to oversight by a bipartisan committee every step of the way.

      2. Every dollar spent to rescue financial institutions must be returned to the American taxpayer when the crisis was over.

      3. There would be no golden parachutes for CEOs of failing financial institutions.

      4. Help must also be extended to home-owners and ordinary Americans who have fallen victim to the crisis.

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    • Thu Sep 25th 12:41 PM | Rating: 0 0
      Commented on:
      Is Paulson's TARP a TRAP?
      This bailout is simply moving the problem from the losers on top of the economic ladder to the bottom where the burden is now on the average taxpayer that is near bankruptcy...marvelous going away gift from Bush to his cronies.
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    • Thu Sep 25th 12:40 PM | Rating: 0 0
      Commented on:
      The Perfect Storm: Even with Bailout, Economy Is Hurting
      This bailout is simply moving the problem from the losers on top of the economic ladder to the bottom where the burden is now on the average taxpayer that is near bankruptcy...marvelous going away gift from Bush to his cronies.
      View article »
    • Thu Sep 25th 12:40 PM | Rating: 0 0
      Commented on:
      Congress: Please, Don't Rush the Bailout Plan
      This bailout is simply moving the problem from the losers on top of the economic ladder to the bottom where the burden is now on the average taxpayer that is near bankruptcy...marvelous going away gift from Bush to his cronies.
      View article »
    • Thu Sep 25th 12:38 PM | Rating: 0 0
      Commented on:
      An Absence of Leadership
      This bailout is simply moving the problem from the losers on top of the economic ladder to the bottom where the burden is now on the average taxpayer that is near bankruptcy...marvelous going away gift from Bush to his cronies.
      View article »
    • Thu Sep 25th 12:24 PM | Rating: 0 0
      Commented on:
      Bush's Speech: Surprisingly Coherent
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers(the taxpayer that can ill afford this) and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
    • Thu Sep 25th 12:23 PM | Rating: 0 0
      Commented on:
      Chart of the Day: Sectoral Contribution to Debt
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers(the taxpayer that can ill afford this) and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
    • Thu Sep 25th 12:22 PM | Rating: 0 0
      Commented on:
      Don't Let the Times Stop You from Taking Action
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers(the taxpayer that can ill afford this) and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
    • Thu Sep 25th 12:19 PM | Rating: 0 0
      Commented on:
      The Perfect Storm: Even with Bailout, Economy Is Hurting
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
    • Thu Sep 25th 12:18 PM | Rating: 0 0
      Commented on:
      Congress: Please, Don't Rush the Bailout Plan
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
    • Thu Sep 25th 12:17 PM | Rating: 0 0
      Commented on:
      An Absence of Leadership
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
    • Thu Sep 25th 11:16 AM | Rating: 0 0
      Commented on:
      When Markets Stabilize, Russia's a Better Bet Than the U.S.
      When excess liquidity is created visa visa the housing bubble sooner or later the excess liquidity disappears by devaluation or loss of buying power. We are experiancing both. The bailout will just create more excess liquidity as it trys to start the bubble process all over again. Trying to solve our problem by throwing money at the losers is sure to create more losers. In this case we are creating new losers and going to be losing more and more. At this stage there is nothing this administration can do and there certainly is nothing the average guy in the street can do except go bankrupt.
      View article »
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