Liberals and Conservatives Agree: Proposed Oversight Bill Will Make Things Worse [View article]
despite the perceived "risk" to the economy, we cannot give a corrupt government committed to wealth redistribution, income equity, and social change more power. there are no checks and balances in washington.
Why Are We Wasting Our Energy on the Bonuses? [View article]
you said "I cannot fathom the logic behind doing a witch hunt for the bonus recipients. "
quite simply, it diverts attention away from the failures of Congress and plays into Obama's redistribution of wealth agenda. It sets up bankers, investment bankers, hedge fund managers, and all the other Wall Street scalawags as the evil criminals who are responsible for this so called economic mess. (not the worse economy since the great depression, but maybe since the failed Carter administration, but they won't talk about coward carter).
So next there will be more government regulation and fees/taxes, and they're going to control salaries of all wall street types, not just those who accept govt. money. If they can keep the people angry they can destroy wealth.
It's been clear Obama holds wall street in contempt and cares not if it fails.
Cramer's Mad Money - The Bernanke Basket (3/16/09) [View article]
so much outrage and hatred focused on AIG will now allow the Fed Government to further regulate and take over more control of all financial institutions. Mindless people are so easily manipulated, yet they don't show the same outrage over congressional pay raises or wasteful, corrupt govt. spending. Barney Frank said last year he intends to limit executive compensation of companies taking govt. money, and "next year, to extend it to all financial institutions". They are trying to set salary limits on all executives, everywhere. It's happening, obama change is here, centralized control fueled by outrage and hatred. People are so blind. Goodbye capitalism, good bye freedom and democracy.
selling BAC, C, and GM "right after the dividend cut" must have resulted in significant losses. You should have sold sooner, when the writing was on the wall, like for C. Waiting for the div cut to be announced is too late. Your sell criteria ignores other obvious reasons to bail.
Liberals and Conservatives Agree: Proposed Oversight Bill Will Make Things Worse [View article]
Why Are We Wasting Our Energy on the Bonuses? [View article]
quite simply, it diverts attention away from the failures of Congress and plays into Obama's redistribution of wealth agenda. It sets up bankers, investment bankers, hedge fund managers, and all the other Wall Street scalawags as the evil criminals who are responsible for this so called economic mess. (not the worse economy since the great depression, but maybe since the failed Carter administration, but they won't talk about coward carter).
So next there will be more government regulation and fees/taxes, and they're going to control salaries of all wall street types, not just those who accept govt. money. If they can keep the people angry they can destroy wealth.
It's been clear Obama holds wall street in contempt and cares not if it fails.
Cramer's Mad Money - The Bernanke Basket (3/16/09) [View article]
Executive Compensation Controversy Creates More Unintended Consequences [View article]
When to Sell Dividend Stocks [View article]