RJK's Comments RJK's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/269399/comments Why It's Time for Muni Bonds http://seekingalpha.com/article/97389-why-it-s-time-for-muni-bonds?source=feed#comment-265120 265120
Bond traders realize this and this risk is why munis are yielding at a premium. As to whether the higher yields are worth the risk? That is a more complicated question, but it certainly isn't a clear-cut as you make it out to be.]]>
Thu, 25 Sep 2008 15:24:41 -0400
Bond traders realize this and this risk is why munis are yielding at a premium. As to whether the higher yields are worth the risk? That is a more complicated question, but it certainly isn't a clear-cut as you make it out to be.]]>
The Presidential Speech, in Context http://seekingalpha.com/article/97271-the-presidential-speech-in-context?source=feed#comment-264418 264418
This bill will not solve the problem, it likely won't help at all.

The economy isn't tanking because the banks stopped lending. The banks stopped lending because the economy is tanking.

In a collapsing economy the prudent thing to do is hoard cash and that is exactly what the banks are doing. They will take our $700,000,000,000, say "thank you very much" and hoard that cash as well.]]>
Thu, 25 Sep 2008 02:47:38 -0400
This bill will not solve the problem, it likely won't help at all.

The economy isn't tanking because the banks stopped lending. The banks stopped lending because the economy is tanking.

In a collapsing economy the prudent thing to do is hoard cash and that is exactly what the banks are doing. They will take our $700,000,000,000, say "thank you very much" and hoard that cash as well.]]>