winslow

Inflation vs. Strategic Vision

you could be right...or you could be wrong. It the trillions in hidden derivatives blows-up, the DOW could descend to 2000.

Congress' Economic Literacy (Or Lack Thereof)

The next president needs to appoint a panel of experienced individuals to work on the problems we face. This has been the major downfall of the Bush empire; only individuals with like-minded thinking had access to Bush (but that is the way he wanted it).
There are so many brilliant minds we can tap in this country. I have been listening to quite a few financial geniuses that have predicted current events back 2-3 years ago, some well before. I'm no scholar but even I knew something was amiss when I first heard about off-balance sheet accounts, CDO's, and credit default swaps years and years ago. In history, this period will be compared to the great depression. Perhaps we are only in the beginning.

The Economic Cost of the Military Industrial Complex

We are experiencing one of the worse periods in American history. We are no longer leaders in the world. No other country respects our judgement or ambitions. We can't lead by example. Almost every aspect of American life is being surpassed in other countries. And yet, there are those who want to fight to preserve our way of life. My friends, when you have it good, you don't want to change anything (ie Bushies).

The Top 5 Looming Financial Issues

Very forward-thinking writing. The need for this type of intelligence in government is needed...but is lacking.
We may, unfortunately, find we need a "dictator" to provide solutions. The system we have known for all these years is now in decline. There will be short periods when the US appears to become stronger, but the wheel of civilizaton has turned...and the US is no longer on top.

Inflation: Pass It Through

Politicians have learned how to fool people because the people buy into their thesis. It's an unending cirlce.

Alan Greenspan's Bosnia Moment

I would consider myself just "average" but I remember thinking at the time that something just wasn't right in the housing and lending arena. Homes were appreciating too fast and everyone was buying a home, including rampant investors. I felt and continue to feel that the "experts" are missing the correct evaluation of the situation and the correct response. The incorrect response is still occuring today. I'm not one to advocate increased regulation but it's obvious this was and is the problem.