Wall Street Breakfast: Must-Know News [View article]
"Banks have now repaid much of what they borrowed, with Bank of America (BAC) the latest to do so on Wednesday after it said it will repay the $45B it borrowed."
So if a bank says it will do something, it is as good as "taking it to the bank" ?
Wall Street Breakfast: Must-Know News [View article]
"There simply aren't any guaranteed investment vehicles that will pay more than taxes and inflation. "
And there is our problem. The government and most everyone else will not let prices hit their new natural equilibriums. Notice the complete shifts in supply and/or demand curves for a great deal of products and services.
Wall Street Breakfast: Must-Know News [View article]
"What if AIG is BOTH too big to fail AND too screwed up to succeed ?"
That's what I am thinking axelrod. And this is what worried me when we started all this bailout mess. It is like we have to support a bunch of GMs; entities sucking away resources and giving nothing in return.
Wall Street Breakfast: Must-Know News [View article]
I am not sure why the Federal Reserve would want to issue debt when they have the printing presses. If they issue debt, it would pull dollars out of the economy. Of course, they would then direct these dollars to the programs of their choice.
If they desire to inflate the economy, they should put another shift on the presses. Just think of the economies of scale they would achieve. I heard one individual state that the government should send printing press to each household as a stimulus package.
Never thought I would see Treasuries yielding 0%. Seems like a perfect time for the government to flood the market with all forms of debt. I have to say they are doing pretty good job so for. Can I get a loan for 0%? Please!
Wall Street Breakfast: Must-Know News [View article]
For it is written, I will destroy the wisdom of the wise, and will bring to nothing the understanding of the prudent. Where is the wise? where is the scribe? where is the disputer of this world? hath not God made foolish the wisdom of this world?
Wall Street Breakfast: Must-Know News [View article]
So if a bank says it will do something, it is as good as "taking it to the bank" ?
Wall Street Breakfast: Must-Know News [View article]
Yes the devil made me do it.
Wall Street Breakfast: Must-Know News [View article]
And there is our problem. The government and most everyone else will not let prices hit their new natural equilibriums. Notice the complete shifts in supply and/or demand curves for a great deal of products and services.
Wall Street Breakfast: Must-Know News [View article]
That's what I am thinking axelrod. And this is what worried me when we started all this bailout mess. It is like we have to support a bunch of GMs; entities sucking away resources and giving nothing in return.
Wall Street Breakfast: Must-Know News [View article]
If they desire to inflate the economy, they should put another shift on the presses. Just think of the economies of scale they would achieve. I heard one individual state that the government should send printing press to each household as a stimulus package.
Never thought I would see Treasuries yielding 0%. Seems like a perfect time for the government to flood the market with all forms of debt. I have to say they are doing pretty good job so for. Can I get a loan for 0%? Please!
Wall Street Breakfast: Must-Know News [View article]
I Corinthians 1:19-20
Yes sir, over and over again.