AlexS

$800 Billion: Too Much? Too Little? Yes.

This professor has a Ph.D. in economics and could be explaining some economics (like where that magical multiplier of 2 comes from) but instead he wants to slam the Republicans. So he's just another third-rate political pundit, this time fronting as an economist. Why do people do this to themselves and their professions? I wonder what he talks about in class. Did they spend last year having Obama rallies?

$800 Billion: Too Much? Too Little? Yes.

Another anti-Republican professor. So what. Bla bla.

Obama's Role in the Market's Next Breakout

Kunst, you're absolutely right. But there is nothing in Obama's past to suggest he is a leader, other than a leader in getting elected to successively higher office. He will go along with the Party, as he's always done, and will be a figurehead, to be trotted out to give speeches that sound good for about as long as he takes to give them. For the next 2-4 years we will be governed (ruled?) by Nancy Pelosi, the actual Chief Executive of the United States.

Obama's Role in the Market's Next Breakout

Of course this all assumes that investors are as gullible as voters.

What Obama Needs to Do to Correct His Economic Vision

I think it's ridiculous to think that Obama is not part of the ruling elite. Look at his history as a go-along member of the Chicago Democratic Party machine. Look at who he's been appointing (Goldman Sachs, anybody?). Look at the fact that the first program he's concentrating on is equivalent to $3000 in new debt for every man, woman, and child in the U.S. Do you think somebody else is going to pay for that?

What Obama Needs to Do to Correct His Economic Vision

I don't know many Libertarians who would say Obama should provide more stimulus, especially since what he calls "stimulus" doesn't seem like stimulus at all. Libertarian stimulus would be towards smaller government: less regulation, or lower taxes. Those would be stimulus. What Obama wants is just more and more government spending, oriented towards construction unions and teachers unions. His "tax cuts" are just limited redistribution schemes, as he promised during the campaign. Take from the rich and give to the poor. The libertarian position would be that government has no business taking from any group of people to give to another. That's what kings and dictators do.

Twenty-Two Years of Job Creation Wiped Out in a Single Day

Well a lot of politicians wanted us to become more like Europe. So here we are. Massive government spending. Overwhelming government regulations. No new jobs. The only thing left is to give up having kids because we can't afford them and high taxes, too. Are we having fun yet?

Jack Welch Believes the TARP Is Working

The smaller banks will be assimilated. TARP is the BORG.

A Depressing Lack of Confidence in the Markets

Yes, athena, but where do we go?

A Depressing Lack of Confidence in the Markets

Absolutely. This is not a "stimulus" bill. It won't stimulate anything, as you say. It's a handout to the traditional Democratic constituents: "Infrastructure" spending that due to Davis-Bacon will go to construction unions. Education spending for the teachers unions. Alternative energy credits for the environmental business groups. Tax cuts, if any, are temporary and to some extent an illusion. And at a huge cost that will be made up of inflation and/or huge tax increases. Reasons to be pessimistic. Big Media, to be real, should be treating this as pork barrel spending rather than stimulus. But they're not. Predictable.

50% Returns, No Risk?

It's just not a good idea to put all your eggs in the stock market basket, that's for sure. I'm also sure that there are some government/academic types just slathering over the money we common people have in 401(k)s and asking how they can get their grimy hands on it. That seems to be the real purpose behind many of those "401(k)'s have failed" articles. If the government was so worried about how the market has hurt our 401(k)s, how about a proposal to exempt a certain portion of withdrawls from the federal income tax? Haven't heard that idea mentioned a whole lot.

Good Riddance to 2008

Not to mentioned that the taxpayers got pummeled and are about to some more.

Why Couldn't Mainstream Media Stick to Its Core Competency?

Part of their core competency is those great big printing presses that occupy so much of the building, so they have to find ways to utilitze those machines, which is somewhat at odds with the idea of them getting excited about internet distribution.

$35 Oil: Steve Forbes Was Off by Two Years

It's not that Forbes was off by two years. It's that he predicted that the next big move in oil would be down and not up. If you bet on his prediction you might have gone broke before the market went in your direction.

Schlumberger: A Big Slob You Can Love

The other good thing about SLB is that their headquarters is outside the U.S., making them potentially less exposed to the wealth-robbing ideas of Pelosi, Reed, Obama, and the other demagogues.