J Galt

Four Problems Undermining Future American Prosperity

"People who lack the sense to question Big Lies always end up in deep trouble. Being well informed takes work, even with the Internet. In a democracy, that's simply a civic burden."
I'm afraid the author is out of his element. The first part of the article is reasonable. The second descends into partisan hyperbole. If he had taken his own advise as quoted above he would have been in a position to have an opinion. The Government take over of health care is already a failure, just study the VA, Medicaid and Medicare a little deeper or without the rosy lenses. To suggest that the Government have more involvement in health care policy is very scary. Anyone that thinks we are rationed now had better take a look at what rationing is going on in the other nations that have embarked on a public option. 80% of Americans are very satisfied with their present health care; so lets try a new system, we haven't worked out the details but it will add multiple new layers of bureaucracy and cost much more. We will delay innovations where we don't prevent them entirely and we will spend most of the countries health care $ on people from ages 15-40, a group that is rarely sick. This sounds like a plan that you have to be nuts not to embrace. Then add in that old people have to be more tolerant of discomfort and pain and accept some suffering rather than using up resources. Oh you thought we wouldn't remember BO's statement and put it in context?

Is Potash Corp. Overpriced?

Short term or not, if he is correct, why would anyone stay in a stock that should drop from $95 to $65? If you really **love** the stock, then sell and buy it back later. A 30% loss, even if temporary is not reasonable.

jegan

That is foolish. Then you can get sawed on the way down and the way up. If your crystal ball is unblemished then by all means by and sell to maximize your gains. Hopefully you won't miss the rise past where you sold.
Otherwise you may want to take a longer view and ride out the short term.

Brent Cook: Turning Rocks into Money

If you're drinking the Obama koolaid no reason to suppose you are clear thinking in other areas. Close Gitmo with no idea of what to do the the prisoners, no transparency about his origins or his press conferences, opening the door to more terror attacks by acting like a wuss. Thanks for the warning about your thought process and intellectual integrity.

Chance This Is The Bottom? Zero.

Perma-bear off and running. Doen't seem to care that his gloom and doom damages the market since Mr Market is very reactive to any whiff of bad news. Luckily for the rest of us the market is beginning to discount the constant doomsday dirges. Its so old news.