Whole Foods Market (WFMI) CEO John Mackey stands behind his infamous healthcare op-ed that spawned a boycott, and speaks out against the Fed's "debauchery of the currency." Mackey thinks the bailouts were a travesty, and says no-one's too big to fail. "I believe in the dynamic creativity of capitalism, and it's self-correcting, if you just allow it to self-correct." [View news story]
Smart man? He is alienating his own customers. Agree or disagree with him, maybe he shouldn't use his position as a soap box. If he is so interested in politics, just run for something. Why have your CEO turn off customers so that he can speak his mind?
Stimulus 'Cash for Anything': When Money Isn't Free [View article]
"So why can’t the government give me an individual tax break for “going green” and reward me for making the right decisions? Why do all other citizens have to bear the tax burden of my decision to upgrade myself?" Tax credits are subsidies too, someone always pays, nothing is free
Washington's AIG Outrage Really a Political Diversion Tactic [View article]
I understand your anger at congress, and agree this 165 million is a pittance compared to total amount of money thrown at problem. I also agree the grandstanding and saying those people at AIG should kill themselves rediculous. BUT let's be honest. Without taxpayer money all these people would be laid off. Who cares if they don't their bonus? In order to save costs we lay people off in every company with the majority of the burden placed on the average worker and not executives. If they leave, great! Go be more productive somewhere else. AIG and all companies too big to fail should be broken up until they are not too big to fail. If they can damage our country by creating too much systemic risk then break them up until they can't. These are failed institutions. Besides, the contracts signed up for in the bonuses appears unethical to me(basing the contract on previous years performance after they knew this year performance would be terrible), so if they miss out on an unethical contract, who cares? Congress actually passed this law in one day, among the fastest turnarounds for them ever.
Illumina Dominating the Sequencing Market [View article]
Don't forget that after the well timed secondary offering and the stock slumped during the crash to $19 they announced a buyback that was well timed too. The company raised funds without diluting shareholders because of their timing.
Your company should care about 401k performance, and may be able to change options with the provider. Often HR doesn't know what to pick. My company recently changed to much lower cost funds and a few ETFs. I would encourage people to tell HR about how much they would like ETF options in their 401k. Companies want to make you happy, especially if it doesn't cost them anything
An Obama Speech to Light Wall Street on Fire [View article]
You are foolish if you think Washington forced any of these banks to screw up the way they did. It was a failure of risk management in the banking sector and a short term vision over the company. Any executive in charge of these failing institutions should be fired and their banks broken up and sold off as pieces so we don't have to play the "too big to fail" game ever again. What does the title have to do with your article anyways?
Executive Compensation Controversy Creates More Unintended Consequences [View article]
Companies don't exist to make executives wealthy. They exist to make shareholders wealthy. If the executives would rather stuff their pockets than do what is best for the company, then they should leave. This pity party for executives is rediculous.
At least be fair. He showed the highest yields, then selected the ones he felt were mispriced. It is important to be skeptical, but he had a point and he made it. He was attempting dogs of the dow with a brain. Whether or not you would like to investigate further is up to you.
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Latest | Highest ratedWhole Foods Market (WFMI) CEO John Mackey stands behind his infamous healthcare op-ed that spawned a boycott, and speaks out against the Fed's "debauchery of the currency." Mackey thinks the bailouts were a travesty, and says no-one's too big to fail. "I believe in the dynamic creativity of capitalism, and it's self-correcting, if you just allow it to self-correct." [View news story]
Can you say spooky? [View news story]
Stimulus 'Cash for Anything': When Money Isn't Free [View article]
Tax credits are subsidies too, someone always pays, nothing is free
Ben Stein, Predatory Bait-and-Switch Merchant [View article]
Washington's AIG Outrage Really a Political Diversion Tactic [View article]
Illumina Dominating the Sequencing Market [View article]
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Santelli seems to have sparked a revolution: Americans throwing nearly 40 tea parties. [View news story]
An Obama Speech to Light Wall Street on Fire [View article]
Executive Compensation Controversy Creates More Unintended Consequences [View article]
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People Still Have To Spend: Eleven Dividends for Even Conservative Investors [View article]
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