You're a real dick for calling tea-party protestors "tea baggers." That's an offensive term that smacks of homophobia since we all know where the term tea bagging comes from.
Civilized protest is a cornerstone of a democracy, whether in the form of the 60s hippies or the blue-hairs in the Tea Party.
Another Lost Decade for Stocks - Are You Prepared? [View article]
You call the baby boomers a "strong generation"? What a laugh. How about the selfish generation? They desended upon this country and stripped it bare, like locusts.
If you want to stay with the terms "strong" and "weak", apply "strong" the generations that clean up the messes and excess of the "weak" generations like the baby boomers.
4 Reasons Why the Goldman Sachs Fraud Scandal Is So Dangerous [View article]
Decent analysis except for the comments about tea-baggers. The Tea Party movement doesn't appear to be in legion with the banksters at all. Near as I can tell and as has been reported by the NYT, the Tea Party movement is almost entirely focused on fiscal disciplines and excess federal spending. GS has nothing to do with them, and they have nothing to do with GS.
Soros: We're Repeating Past Mistakes [View article]
Go buy "The Forgotten Man" by Amity Schlaes and read about the people starving and killing themselves in 1937 and 1938, well into FDR's 2nd Keynsian term.
The problem is that both major parties practice Progressive Keynsianism, and they've spent 10 generations taxes in the process with no tangible results.
Toyota: Another Dent in Their Reputation [View article]
CR is pulling a GE here....switching masters from Toyota to the Obama administration. Simple economics here. I can't believe anyone takes CR's analyses as objective and unbiased.
Debt-to-GDP, Politics and the Market [View article]
Not to make this non-partisan, but Obama is (deservedly) catching a pile of $hit from centrists and conservatives for his spending all while Bush43 has gotten a pass.
One simple look at this chart tells me that after Bush41 and Bush43, the country cannot afford Bush45 (brother Jeb).
Does Job Market Confirm End of Recession? [View article]
Get used to long-term unemployed and unemployment rates at 8-12% (until the government develops a new metric that makes things look rosier).
The only entity hiring right now is the federal government, and the only entities not bleeding jobs are state and local governments, schools, and non-profits. Welcome to Washington on the Volga.
49,000 new IRS agents to squeeze more taxes out of fewer that can afford them. This ain't your father's New Deal.
The current Depression won't be reported by the media because it would expose the BIG LIE, that Democrats are for the little guy. The D's have controlled Congress since January 2007 and have nothing but debt and destruction to show for it.
We've already exposed the OTHER big lie, that Republicans favor small government. Time to expose big lie #2 about the D's. Maybe then the sheeple will wake up and vote for a 3rd party.
Is This an Economic Recovery? Assessing the Investing Climate in the Years Ahead [View article]
I agree with the war thesis, but isn't that a fiscal impossibility now? How can we fund troops, weapons, and ammo if we go to war with China? I doubt they'd be buying many of our treasuries at that point, meaning what little our Treasury nets in tax receipts will be going toward interest and entitlements. As I write, I guess that means a huge $US devaluation.
The Fed and Treasury will need equity investors' money to buy treasuries. They'll find a way to collapse the stock market and get sheeple to buy their low-yield debt because it's "safe."
'The Bears Are Wrong'? I Don't Think So [View article]
Tom, I agree with your points. So what's a middle-aged US citizen to do. I assume you'd recommend these actions (but any others?):
1. Sell all equities 2. Buy physical gold 3. Buy bullets, seeds, batteries, and other survival tools 4. What's not in physical gold, hold in cash (in a mattress)
I'm not being a smart-a$$......I see doom and gloom ahead too but don't know where to put the proceeds if I sell my equities.
Greece Is on the Brink of Recession [View article]
Ask the Obama Administration or the pundits on MSNBC.
A 'Unique' Financial Crisis [View article]
Civilized protest is a cornerstone of a democracy, whether in the form of the 60s hippies or the blue-hairs in the Tea Party.
Another Lost Decade for Stocks - Are You Prepared? [View article]
If you want to stay with the terms "strong" and "weak", apply "strong" the generations that clean up the messes and excess of the "weak" generations like the baby boomers.
4 Reasons Why the Goldman Sachs Fraud Scandal Is So Dangerous [View article]
Soros: We're Repeating Past Mistakes [View article]
The problem is that both major parties practice Progressive Keynsianism, and they've spent 10 generations taxes in the process with no tangible results.
It does NOT work.
How Painful Will It Be to Bring Government Debt Under Control? [View article]
Toyota: Another Dent in Their Reputation [View article]
From a V-Shaped Recovery to a 'Pear-Shaped' One? [View article]
Debt-to-GDP, Politics and the Market [View article]
One simple look at this chart tells me that after Bush41 and Bush43, the country cannot afford Bush45 (brother Jeb).
It's Time for Reform We Can Believe In [View article]
Does Job Market Confirm End of Recession? [View article]
The only entity hiring right now is the federal government, and the only entities not bleeding jobs are state and local governments, schools, and non-profits. Welcome to Washington on the Volga.
49,000 new IRS agents to squeeze more taxes out of fewer that can afford them. This ain't your father's New Deal.
How to Manufacture a Recovery [View article]
We've already exposed the OTHER big lie, that Republicans favor small government. Time to expose big lie #2 about the D's. Maybe then the sheeple will wake up and vote for a 3rd party.
Is This an Economic Recovery? Assessing the Investing Climate in the Years Ahead [View article]
Time for Bulls to Reconsider [View article]
'The Bears Are Wrong'? I Don't Think So [View article]
1. Sell all equities
2. Buy physical gold
3. Buy bullets, seeds, batteries, and other survival tools
4. What's not in physical gold, hold in cash (in a mattress)
I'm not being a smart-a$$......I see doom and gloom ahead too but don't know where to put the proceeds if I sell my equities.