You seem busy promoting Jim Rogers. I've been tracking his call for Asia, in particular, and found that his call has been at false all the time. His call usually follows after the market, and when he does make a call, then the market reverses itself.
I would say, he is no better than anyone I know and bears no merit on his call. In fact, my betting against his call have been winning shot always.
Chris Dodd's Call for Rate Freeze by Card Lenders Could Mess Up the Economy [View article]
The interest rate spread is so wide that, YES, they should enact a law to freeze the credit card interest rate. It was a lot lower few years ago when the base rate was much higher.
I doubt there will be a restricted in credit flow.
In the name of free market and the less regulation, Credit Card companies have been raping consumers for higher rates for too long. Likewise, they have built an inefficient structures for themselves because of that easy money.
They are in the business of consumer lending and if and when they do restrict themselves from lending, the regulation will prompt some one else to replace them and take the business away from those lazy and greedy companies. I think, it's about time we should do away with Reaganomics mentality, and let Government regulation promote fair market economy. We have just learned and paid a heavy price that, unregulated Free Market is the source of all evil.
Krugman's Keynesian View of Budget Deficits and Why I Disagree [View article]
Where were you when EMH, Deregulation and Tax Cut, Out sourcing were the name of game? (and yes, The government is the problem as per Reagan and the Supply Siders)
From it all, only job US has created were Hamberger Flippers, CDS flippers and House flippers while building mountain of Twin Deficit. They said Free Trade is the way to go, but it is only for the imports. Any benefit of R&D spending (derived from TAX benefits, of course) were readily shipped to overseas production facility, and never intended to produce in US. Republicans always said "Look, how many jobs US exporters has created" and never been honest about ever growing trade deficit.
Hell, even JP Morgan is creating A financial Research Center in India while receiving a bailout money.
And now, the same Republicans are saying "Government Option in Health Care, is to take away those Medicare and Medicaid benefits from our senior citizens"
Paul Krugman is right. We need to make Banks boring again.
Global Markets in Review: Has Pullback Begun with China? [View article]
Current global market value is nothing more than a manipulation by those, like that of Goldman Sachs and JP Morgan and other Hedge Funds. And now, we will see that the market will tank or it will not support the US Dollar. For the Dollar Hegemony, they will drive down global market, starting from China and other emerging market. US consumers will dictate this course and Goldman Sachs and the likes, will lubricate the scenario. Interesting scene to play out.
The Stock Market Is Disconnected from the Economy [View article]
Current global market value is nothing more than a manipulation by those, like that of Goldman Sachs and JP Morgan and other Hedge Funds. And now, we will see that the market will tank or it will not support the US Dollar. For the Dollar Hegemony, they will drive down global market, starting from China and other emerging market. US consumers will dictate this course and Goldman Sachs and the likes, will lubricate the scenario. Interesting scene to play out.
Schiff only knows how to bitch. He has no substance in all of his bitching. We all knew what is wrong with America, it was that Free Economy that ruined US. Walmart, HP, Apple, even JP morgan is building a Trading strategy center in India. Not in USA. I mean, no one cares building a serious business center in US.
Low Taxes for the rich did not helped, it only helped to increase the debt and help them to do business in out source the needs of this country.
Cuomo's Revelation: Bernanke and Paulson Strongarmed BofA's Purchase of Merrill [View article]
It is Paulson at the CORE of financial meltdown. As a CEO of Goldman and also as Treasury secretary. he has done more harm to the economy than anyone in history of mankind. He should be prosecuted.
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Latest | Highest ratedJim Rogers: Lessons from a Legend [View article]
I would say, he is no better than anyone I know and bears no merit on his call. In fact, my betting against his call have been winning shot always.
Foreclosure Rates Continue Their Steady Decline [View article]
Chris Dodd's Call for Rate Freeze by Card Lenders Could Mess Up the Economy [View article]
I doubt there will be a restricted in credit flow.
In the name of free market and the less regulation, Credit Card companies have been raping consumers for higher rates for too long. Likewise, they have built an inefficient structures for themselves because of that easy money.
They are in the business of consumer lending and if and when they do restrict themselves from lending, the regulation will prompt some one else to replace them and take the business away from those lazy and greedy companies. I think, it's about time we should do away with Reaganomics mentality, and let Government regulation promote fair market economy. We have just learned and paid a heavy price that, unregulated Free Market is the source of all evil.
Krugman's Keynesian View of Budget Deficits and Why I Disagree [View article]
From it all, only job US has created were Hamberger Flippers, CDS flippers and House flippers while building mountain of Twin Deficit. They said Free Trade is the way to go, but it is only for the imports. Any benefit of R&D spending (derived from TAX benefits, of course) were readily shipped to overseas production facility, and never intended to produce in US. Republicans always said "Look, how many jobs US exporters has created" and never been honest about ever growing trade deficit.
Hell, even JP Morgan is creating A financial Research Center in India while receiving a bailout money.
And now, the same Republicans are saying "Government Option in Health Care, is to take away those Medicare and Medicaid benefits from our senior citizens"
Paul Krugman is right. We need to make Banks boring again.
Why Krugman's Analysis of Economists Is Wrong, Part II [View article]
Why Krugman's Analysis of Economists Is Wrong [View article]
Boeing's Dreamliner: Still Grounded and No Lift-Off in Sight [View article]
Soon, he wants to build Boeing in China, not in USA.
Global Markets in Review: Has Pullback Begun with China? [View article]
The Stock Market Is Disconnected from the Economy [View article]
Peter Schiff vs. the Fed [View article]
Walmart, HP, Apple, even JP morgan is building a Trading strategy center in India. Not in USA. I mean, no one cares building a serious business center in US.
Low Taxes for the rich did not helped, it only helped to increase the debt and help them to do business in out source the needs of this country.
Cuomo's Revelation: Bernanke and Paulson Strongarmed BofA's Purchase of Merrill [View article]
Larry Kudlow asks his panel where to put money, now that banks have 'saved the day.' (video) [View news story]
Moral Hazard & the Demise of Lehman Brothers [View article]
Get lost with your BUSH and Republican Scheme of Deregulation.
The paradigm of New Economy is Kaput !!!
You will never learn.