Briggsy

Three Reasons Why Investors Should Worry About Bank Nationalization

Banks can process the checks I write and safeguard my deposits. I will pay them a small fee for doing that. But their lending activity is just parasitic. Go to a lottery-based lending model operated by Treasury, perhaps with banks as dispensary agents. Lending without the mark-up. Fair. Risk distributed on the basis of chance, not upon some claim of superior business judgment or outright favoritism.

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.

The Last Days of Bear

When does smart money become insider trading and/or market manipulation?