Too bad the regulators don't seize the golden parachutes of the CEOs when these taxpayer funded bailouts happen. I wonder if there would be fewer such incidents if that kind of penalty existed.
A couple weeks ago the Royal Bank of Scotland warned about a potential plunge in the markets, but that a rally could occur in early July first. Might this be it?
Well I can remember in 1973 Nixon immediately implemented the 55 mph speed limit, year-round daylight savings time, tv ads urging people to conserve by shutting off lights and turning the heat down to 68. Then people starting buying smaller Japanese cars. What have our leaders today done to urge conservation?
Friday Outlook: T.G.I.F. [View article]
Wednesday Outlook: Bulls Storm In [View article]
Thursday Outlook: Crude Awakening [View article]