Lars39

No One Saw This Economic Crisis Coming?

It is useful and interesting to do a post mortem on who saw the crisis coming, and what we should and should not have done. My question to those who saw it coming is "what do we do now? and "are actions by the government helping or delaying a recovery?". If the stimulus was a good idea, and has not really been implemented, why do we need a second stimulus already. Seems to me that there are more questions than answers and that does not instill confidence that we have the right leadership.

U.S. Economy Will Recover, But Only in 2010

Since 2010 is a mid term election year, you can be certain that the government-media complex will trumpet a recovery whether we have one or not.

Expect Double Digit Unemployment

Aren't we already at double digit unemployment? The official numbers are too low as I understand it.

Wall Street Breakfast: Must-Know News

a.palmer jr. said: "We need Congressional oversight..but we also need someone to watch the Congress, which we don't have."

This should be the job of the News Media, but most of them have climbed into bed with the politicos and refuse to expose the fraud and corruption that goes on. Watchdog status has fallen to the internet community.

The Economy Is So Bad, Even Pawn Shops Are Suffering

Maybe Pawn Shops are slow because the desperate have already pawned everything they have.

U.S. Prescription Drug Sales Grow Slowly; Hydrocodone Most Prescribed

We have a pain in our Psyche.

Wall Street Is Short Barack Obama

This President clearly doesn't care about the stock market, and views the 3000 point drop since the election as just a curiosity. His focus seems to be only on social programs that don't necessarily help investors (which include most of the country in some form).

The Free Market Votes: Still No Change We Can Believe In

Something strange going on with the thumbs up button to indicate "good comment". Every time I clicked on the thumbs up, the thumb down count went up by one along with the thumbs up count. Tried several and each time, the same thing happened.
Glitch?

A lot of good comments BTW

Oh No, Not Again

Shut up Timmay!

Is the Market Going Lower? Silly Question!

Someone told me over a year ago to get out of the market completely, and do it NOW. My advisors(?) said no. Major regrets now for not selling then, but almost all "experts" were saying it was ok, and markets go through cycles, it will come back. I just hope there is something left when it comes back. Big difference between being 30 and waiting vs being 65 plus and waiting for a recovery.

Another Tough Month

Even Warren Buffett's BRK-A is down over 40% since last fall and about 10% down in Feb. Somehow, I thought Buffett would have done better.

It's an Economic Reset, Not a Recession

I'd like to reset my IRA to Jan, 2008.

Housing Prices Continue Slide, Bad Sign for Markets

House prices will begin to stabilize when median price is about 2.5 times median income.

U.S. Consumer Confidence Hits All-Time Low

Consumers are confident that they can't keep spending like it's 1998.

Santelli's Chicago Tea Party: The Quest for Our Nation's Soul

Whether you agree with Santelli or not, he struck a nerve. Reaction to his rant on CNBC shows that a lot of people don't like the plan being promoted by the new administration. We need more than "HOPE". CHANGE will come for better or worse.