RWCMom

The Virtue of the Republic

Yes, 20% down on mortgages (& car loans) is good but the bankers were too greedy to live with that so they come up with zero down, ARMs and anything else to part uneducated folks from their money. Perhaps if they would lend some of that money at 10% to credit card holders instead of 20%, the other 10% could be spent on real goods made by real Americans instead of lining the pockets of VISA. Quit making the Feds to be the bad guys; bankers do this to themselves and I am tired of hearing them cry wolf.

Cramer's Mad Money - Is the Obama Index Making the Grade? (2/20/09)

I'm not impressed with that artificial Obama index. Obama is certainly not one who is looking to benefit large corporations with top heavy exec comp. He is aiming to help more individuals and would hope his policies would favor companies with good employee policy track records and environmentally friendly firms. Small & medium stocks that develop through internal growth rather than constant acquisitions. His would look more like an SRI index not a balanced fund. Many of his index businesses would not even be publicly traded.