GDK

A Coming Flood of Equity Issuance, aka The Dilution Solution

Any thoughts on what the market reaction on Monday will be when the Obama folks "adjust" the national projected deficit for this year to TWO TRILLION DOLLARS? How soon will the Treasury issue debt which is not successful and the Fed must sop it up?

I'm not a currency trader, but what ArtfulDodger said sounds like what I believe. I would think natural resource rich countries like Australia,Canada ad Brazil provide a better place than the dollar.

How About Adjustable Principal Mortgages Instead?

Right on Dave.

Individual responsibility can hurt and still set you free. Any form of the cramdown will result in lenders either not leding, or making upfront costs so high the little guy will never experience the American Dream. This Nanny state mentality will destroy the wealth of America.

Will Detroit's Loss Be Japan's Gain?

On Dec 07 10:23 AM TenQ wrote:

> john;
> The health-care system in Canada is a farce.
> Canadians sometimes have to come to the USA
> for treatment and specialists.
> Many of their best doctors are now practicing in the US.
> People pay high tax for that failure, and in Vancouver, the
> sales tax is 15%. You won't like that.

All you have to do is drive into a US hospital parking lot and count the number of Canadian license plates to recognize nationalizing the American health system will destroy the quality of the Canadian health system. They won't have anywhere to go for treatment.

Not only do the Canadians pay a 15% VAT for health, those that can afford the insurance premiums do so which allows them to come south of the border for their needs.

It is madness to think a national health care system will work. Just look at Medicare and Medicaid, then think of a national system as more of the same on steroids. Nationalized health is not free (unless your an illegal alien), we all will pay for it from some pocket.