6 Comments

    • Rumors of the Death of Moral Hazard Are Greatly Exaggerated [view article]
      I think the federal government is unleashing the moral hazard dogs on the free market. I really don't like the way all this is headed... It appears that over $700 Billion (that's $700,000,000,000) is headed to the market to bail out the banks. This is on top of the bailouts that have already been done. It has been said that Freddie, Frannie, and AIG and were too big to fail. I think they are wrong, I think they were too big to bail out, yet we're doing it anyway.

      At the root of the problem is government intervention in the housing market. And yet all that is being talked about is more bailouts and more regulation. We will be creating another (and probably bigger) problem by all this government intervention and bailouts. I have a novel idea... how about we take a look at the regulation we have in place and remove what isn't working as intended before we pile on more regulation. We don't need more regulation and bailouts, we need government to get out of the way.

      Let the free markets work, there is no such thing as too big to fail.
      Sep 23 09:11 AM
    • Offshore Drilling Is Not the Solution [view article]
      It's nice to both sides presented in this article, the last was very once sided.

      You devoted a larget chunk of this article to quoting Al Gore. I really don't trust much of what Al Gore says. He invented the human caused global warming hysteria just like he invented the internet.

      I do agree we should develop alternative sources of energy... but this should be done along side drilling. DRILL DRILL DRILL!!! Drill here drill there drill in my back yard if you think there's oil there. If enough new oil production is brought on line, it will bring down prices.

      Don't look to the government to solve this problem. Government is the problem. The government needs to get out of the way.
      Aug 15 05:09 AM
    • Offshore Drilling in the Eyes of Presidential Hopefuls [view article]
      I say let the free markets work. Open up the drilling in ANWR, OCS, and allow the development of oilshales. Remove all corporate welfare for the Oil companies AND alternative energies.

      Additional carbon emissions has had and will have little affect on global warming. Human caused global warming is just trumped up hysteria by Al Gore and friends. (And yes I am in the pocket of the Oil companies... I cash those dividend checks from my oil stocks and trusts just fine thanks.)

      I'd also like to note if additional drilling won't have any impact on price why is oil down so much today? When did the fall from the peak in oil price first start? It was mid July... the day President Bush suspended the Executive Moratorium on drilling, oil has gone into a free fall. If removing just one barrier to additional oil production has had this much effect, just think of what will happen 5 years (not 20 as you suggest) once the additional oil production comes online. In short the additional drilling only having $.05 affect on price is WRONG.

      I'd also like to address the Exxon earning 11.6 Billion lamentation with pointing out it would have been close to 20 Billion but they had to pay over 8 Billion in taxes. Exxon is just another example of free market capitalism at it's finest!
      Aug 12 09:55 PM
    • Geopolitical Risks to the Market [view article]
      I agree with sivere. We need to develop our alternative sources, but we also need to start talking about the 2000 lb gorilla in the room--we need to start looking for oil in ANWR, the Outer Continental Shelf, and anywhere else there's oil in the United States. We also need to develop our refining capacity. Had we started drilling in ANWR during Bush's First term, we would be benefiting from some of that oil production by now. May 30 05:59 AM
    • What Gives the Portfolio Its Power? [view article]
      Read his book and look through your couch and find the money to sign up for his free trial to his website, you might learn something. May 14 11:50 AM
    • How Microsoft Could Kill Google on the Web [view article]
      I think that is a very good idea. I've always loved the "get them addicted and then start charging them business model". That's the kind of strategy that could make Microsoft the verb and Google past tense. I'm not sure that's necissarily a good thing because I'm a Google shareholder based in part on your recommendation. But if we see that on the horizon that would be a reason to switch out of Google and into Microsoft.

      PS I loved your Neatest Little Guide to Stock Market Investing, I've have recommended it to several people over the years and will continue to do so. It's the best book on Investing I've read.
      May 08 03:52 AM
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