eponymousLTC

It's Ugly Out There. What's Washington Waiting For?

Our financial system does not have a liquidity problem, it has a solvency problem, which is going to correct itself over the next 2-3 years. Exceptionally low interest rates are what got us into this problem in the first place.

Staunch Government Intervention Needed to Avoid Full-Blown Depression

Government revenue shortfalls do not mean a depression is coming, or even a recession, for that matter. It may mean paring down expenditures, but that's a normal part of any business cycle and should be considered healthy.

What Warren Buffett and Joseph Lewis Think of Financial Stocks

did you first spread the rumor or what? Because you certainly bought into it.