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willynill
16 Comments
Jim Rogers Speaks Out - Where Is He Putting His Money? [view article]
oops, I meant DEFLATION-- Oct 10 02:10 PMJim Rogers Speaks Out - Where Is He Putting His Money? [view article]
Jason C is right: commodities are not going to go up in a world of inflation. In fact, they've already come down in a big way. Look at dba, for example. Oct 10 02:09 PM5 Reasons Stocks Will Keep Falling [view article]
Too many of you are agreeing with the accountant. An accountant deals with the past; he reports financial data that is already history. Markets are all about the future and what looms ahead as a crisis or a cure. Forget about the past; get ready for what's coming next. Oct 10 02:00 PM5 Reasons Stocks Will Keep Falling [view article]
Markets are about the future. There is a saying in the stock market, "the market never discounts the same thing twice." So the stock market is swooning now as the anticipation of an Obama presidency heightens (there is a high negative correlation between Obama's poll numbers and the present stock market numbers). So if Obama is elected, the market won't drop again. In other words, the stock market value today is the present value of future expectations. Future expectations are looking grim with an anti-capitalist government in the offing. Oct 10 09:56 AMCurrencies Race to the Bottom [view article]
Spending is done by Congress, not the president, but the president has to use the veto pen. John McCain says he will use the veto, and I believe him. There is a reason why Congress has a much lower approval rating than the president now; it is because of earmarks and pork barrels. Then people say that they like their individual congressmen even though they hate congress. The reason they like their own congressman is that he/she brings home the pork to them. When John starts to use the veto pen, your own congressman won't look so good to you, and you'll throw out the bum. Sep 05 03:55 PMThe Dollar's Decline: Taking Responsibility for the Future [view article]
Bob La Follette must be turning over in his grave. Chinn is not just wrong, he is utterly wrong. Do Wisconsin taxpayers know that their tax dollars are paying the salaries of such witless professors? Jul 12 09:33 PMRevisiting the Minimum Wage Issue [view article]
Eltigre: Don't you understand that the poor devil didn't get his minimum wage increase because he lost his job? Mike Steinhardt is exactly right: The politicians who think they are helping the poor are hurting the poor. Raising the minimum wage is similar to raising taxes on the rich--it always hurts the poor more than it hurts the rich. Jun 14 03:38 PMElection-Year Tax Politics: Keeping the Debate Accurate [view article]
Yes, income tax rates are marginal, but so is the decision to hire an extra worker; the marginal worker doesn't get hired because the extra dollar of profit isn't "worth it" because of higher tax rates. Don't you see: raising taxes on the wealthy hurts low-income workers! Jun 14 08:48 AMA Closer Look at Obamanomics [view article]
Mr. Hsu is a perfect example of someone who gets in over his head when he is writing about something outside his field. He designs robots, and now he is "thinking" like a robot. Save us from these automatons! Jun 11 04:35 PMSupply-Side Fairy Tales [view article]
huanjin is correct, especially after he's had his coffee! Jun 04 09:00 AMTax Cuts: Important Footnotes in Dynamic Scoring [view article]
Tax cuts are self-financing. Check it out--tax revenues are higher AFTER taxes are cut. Jun 04 08:42 AMU.S. Market Setting Up for a 2nd Half Rally [view article]
curious cat is correct: renois is delusional as are many others. "Extraordinary popular delusions and the madness of crowds." Jun 01 07:15 PMNews That Moved Wednesday's Market [view article]
Richard, there may have been more buyers than sellers if the movement was from "strong hands" to "weak hands". May 21 10:10 PM5 Stocks to Hedge Against the Falling Dollar [view article]
I agree with Leedsichthys. This author needs to do some research--seems as if she is quoting "talking points" that have been out-of-date for months. May 20 09:42 AMCurrency ETFs: The Euro is 'So' Yesterday [view article]
Are you sure the RMB will continue to appreciate? Will China want to cash in their $1.4 trillion of Treasury securities for dollars that are worth less? May 13 05:31 PM