USC-Col 2006-Honors Finance/Econ Grad MD

Defensive Positioning in the Bailout's Absence

instead of goverment wants everyone out of public affairs" It should be just I believe everyone wants goverment out of the affairs of both corporations and private citizens, unless its with regards to regulatory affairs. I can't speak for everyone...that's what are elected officials are for.

Defensive Positioning in the Bailout's Absence

We need taxes don't we. We just don't need them extraordinarily high in my opinion. The goverment has to cover its obligation somehow and since everyone wants government wants everyone out of its personal affairs, both corporations and citizens, the only source has to be tax dollars, the banking systems, and investments. Charity is a tax-free way to assist those in society progress themselves further. I know without charity I wouldn't be able to attend college. I took the charity, in the form of the University endowments, and used it to progress myself further in society by making myself knowledgeable of the global financial syste as well as potential financial and business economical situations within America. I took that charity and turned it into a cum laude degree from a top ranked business school with a double major in two areas that have always been of some interest. It wasn't greed...I believe. I don't know if it was even super responsible, giving people. There are those with an abundance of money who are willing and able to help the underprivileged and less fortunate, and the other end they are willing to accept.

Defensive Positioning in the Bailout's Absence

I don't necessarily think necessarily making money is being greedy. Money is better than bartering and is what makes the world go around. We can't exchange goods with regards to a currency if their wasn't an established currency base. So making money indicates you are just interested in purchasing goods, services, etc, developed by companies, spending, and to support yourself. If some of the current mortgage holders had more money we wouldn't be in a credit crunch. I don't think greed is what got is this far in society, I believe well-informed, responsible, mature, and timely decisions have progressed society to the point it is now. If technology, finance, and management personnel didn't know what they were doing, we'd really be in our 2nd great depression. Greed is not necessarily ethically based in my opinion. It means you want more of whatever relative to your personal situation than you actually need. We moved from England I believe because moreso of expansion. I think those with a, "I want to and have to be a bully mentality" just took from those without working for it or asking for it. They just wanted to intimidate those to get what they want.

Defensive Positioning in the Bailout's Absence

I am not the type of person who gets into the politics of tax cuts, just yet. However, I do believe the country should bring some tax dollars from some source to help pay off budget deficiencies and debt limits. I just believe payroll taxes nor corporate taxes, which the corporations can use the extra spending money to hire people, pay off debt, and pay for stock repurchases, shouldn't be raised. I am a believe that the capital gains/dividends should be hiked. Its a perfect source. It can allow more investment in securites that are tax-free status because you have to invest those capital gains or dividends in securities such as tax advantaged mutual funds, municipal bonds, create losses on sales of securities instead of short selling to offset too much gains for tax purposes, and basically allow planner, advisors, investment firms, and brokers and the like to use the capital gains as capital/ or liquid sources for stabilization or investment purposes.

Defensive Positioning in the Bailout's Absence

Great article!!! However, I've always been curious about the Mortgage Backed Securities. I am not sure if they are still entirely a bad idea. I just think because of thing such as option ARM, in other words if you back the securities by mortgages that may or may not pay then if the course the security is not going to hold steady. As well as there is a housing slump and their aren't enough mortgages to to finance either long term or short term the respective MBS. Tell me if I'm wrong, I wouldn't mind for sure.