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  • Obama's Gloomy Bailout Inheritance [View article]
    Agree; a good article, and one that focuses on the need to let some of these companies go bankrupt, as painful as that may be for some. One thing I disagree with: it's not "taxpayer money" going to Bank of America. Our economy remains afloat due to bankers in the Far East still willing to buy our government debt. Those who have "protectionist notions" about supposedly saving American jobs should realize that, like it or not, USA is joined at the hip now with China, Korea, Taiwan, Singapore, etc.
    Jan 18 12:05 pm |Rating: +1 -1 |Link to Comment
  • $8.5 Trillion Spent, But No Relief in Sight [View article]
    One thought: it's not really our taxpayer dollars in play here. It's the money coming from bankers in the Far East who continue to buy our government debt. For better or worse, we're now "joined at the hip" with the likes of China, Taiwan, Singapore, South Korea, etc.
    Jan 15 20:47 pm |Rating: +1 0 |Link to Comment
  • TARP Is Bad for Dividend Investors  [View article]
    I think the title of this post is misleading. TARP is not bad for dividend investors as a whole; just for those who may hold the named financial stocks. I do agree that financial companies getting taxpayer aid should not be paying out those taxpayer dollars in the form of dividends. However, there is a vast universe of other companies that are paying good dividends. I particularly, with appropriate caution, like some of the energy companies.
    Jan 01 11:05 am |Rating: +1 0 |Link to Comment
  • Last Thursday Was the Bottom - It's Time to Get Back in [View article]
    I'm not smart enough to predict a bottom. I've made a few modest changes in the portfolio and am now in a wait & see mode. Diversification counts: some stocks, bonds, oil/gas, international. I agree with the poster that this is only a temporary downward blip in oil prices. Yet, we see gas guzzler SUV sales beginning to creep upward again--we just don't learn.

    One thing for sure: this meltdown is a Bush/Cheney legacy. Regardless of those who try to blame Clinton or even Carter, B/C have had nearly 8 years in office.

    (disclosure: I'm a traditional conservative Republican proud that I never voted for B/C. Sometimes you just got to sit things out)
    Dec 01 12:42 pm |Rating: +2 0 |Link to Comment
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