Briggsy

Can the Economy Recover in the Midst of a Consumer Confidence Crisis?

You get it fatcat. How short our memories are. We could have continued to cling to that fragile leveraged branch indefinitely. But $140 oil was too strong a breeze. And when the bough broke, down came baby cradle and all.


On Feb 03 10:59 PM fatcat wrote:

> The blame for the crash in consumer confidence can be placed squarely
> on the rise of gasoline to $4 per gallon.That was the beginning of
> the end for Joe Sixpack.
>
> Like 9/11 without the planes...

Why Yesterday's Optimism Wasn't Warranted

Don't fight the Fed? All the Fed is doing is allowing the economy to fall with a parachute instead of smashing its guts out against the ground. Descend yet survive is the objective. The only choices we have on the way down are to shut our eyes or enjoy the view.

Executive Compensation: Common Sense, Not Politics

Until Congress mandates an open nomination process for corporate boards and establishes an effective way for shareholders to impose limits on self-perpetuating insiders, CEO pay is just one of a multitude abuses which will continue to embarrass American business.