CLH

U.S. Handling of Financial Crisis - A Less Optimistic View

I certainly agree with your take on Obama. Foreign affairs is the main thing that the Federal govt. should be concerned about (as was Bush). The Federal govt. should stay out of economics and leave it to the private market. Obama's main problem is that he is a Democrat. A party that believes that the govt. should run the economy.

This is called socialism and does not work.

Outlandish CEO Pay: How to Fix the Problem

I cant think of anything more immoral than govt. determining wages and salary. Both minimum and maximum pay should be determined only by the owners of the corporations and not the govt. who know nothing about anything.

Major Banks Now Much Too Big to Fail

Its easy to see what the govt. is doing. Many banks mean the govt. cant control them. If only a few banks are left then govt. control can be total. In socialist countries (USSR, pre war Germany and now Canada) were and now are govt. controlled. Kiss capitalism goodby.

Has President Obama's Mortgage Modification Plan Failed?

In England debtors were sent to prison. I think if those who walk away were given 20 years at hard labor, there would be few foreclosures. If anyone walks away from a legal contract, they should not walk away scot free.

John Paulson: Long Financials

Paulson is very smart. Why? Because Im also buying banks. As long as the spread is wide banks are a money machine.

Sell Off Ahead? 25 Ways to Profit and Protect from a Stock Market Correction

Marco--We have had a great rally but you have continued to lose because you are a bear. Should you be giving out advice?

The Next Major Financial Crisis

Crisis for some is opportunity for others. Capitalism corrects is own mistakes while the govt. makes them worse.

A Junk Stock Rally

These stocks are not junk. They have been depressed by the out of control fear of frightened investors. There is no rational reason for this fear.

The Next Leg up in Financials

Jason most people here cant understand why E trade is flying. It doesnt matter to me. Im up140% and not interested why.

Banking Observations: Even Good News Seems Bad

Good article Tom. The bottom is probable in for the banks. The majority have no toxic assets.

'Nationalize Insolvent Banks': Buffett Didn't Get Roubini's Memo

As the market improves Roubini will disappear. Hes a one trick pony.

Why Is Everyone Blaming the CEOs? It's the Government's Fault

Both the goverment and CEOs are to blame. The most blame is on the man in the street who thought he would get rich in real estate.

Is Organized Labor Back?

There is no possible way labor can come back during high unemployment. Labor unions will continue down as the auto companies have shown that unions can only destroy their companies as well as themselves.

Is the $700 Billion Really for Bailing Out the Fed?

Goodman your theory doesnt make much sense.

'Panics Do Not Destroy Capital'

I guess I see things a little different then you. The damage has been done and people are correcting it now. There is no chance of more debt --credit card or any other kind. People are paying down debt (where most of the stimulus went). Saving will go up and debt down during this correction. Yes bankruptcy is getting rid of debt.

I look at this correction as a positive.

Using credit cards does not mean more debt. I buy everything with credit cards and have NO debt. Besides I get a large check from my credit card each year.

You assume everyone is stupid---not true.