socrateazz

Sobering Stat: ARMS Index Indicates Market Is at Peak, Not Bottom

Either bias is speculation today. If you buy you are speculating that things will improve. If you sell, you are speculating the things will get worse. If you just base your decision on real data. Then the decision becomes relative to what? What will change? What has changed? Where have trends gone? And will they continue? In my eyes; Too many businesses have sold their futures for yesterdays bottom line appearances. Good economies have increasingly gone toward more questionable activities The middle class, is disappearing and will contine to dwindle. Hot air may continue to bouy the economy for the near future. But for how long?

A Capitalist's Letter to President Obama

Amazing. I did not see one thing in this writing I disagree with. You have said much. The level of reality is outstanding in your writing. Keep writing for the world needs to see more reality and less propaganda.

The Stimulus Bill: Did the Government Break Our Leg and Offer Us a Crutch?

Hmmm! Extreme capitalist system huh!...All from a point of view! on a scale of 1 to 10 with ten being all capitalistic and 1 being totally Socialistic I Put the current US economy at a four. The 1980's economy at a seven. The 1800's between 7 and 10. Why is the current economy anywhere near extreme Capitalism? I would place it closer to Socialism. Does the Market make more decisions than goverment does? If the governments decisions have more influence than the market then you are not strongly Capitalistic. The more decisions which are made by so called Government the more Socialistic a country is! I say a balance is best. But leaders tend to believe they can control that which they do not understand causing violent reverse reactions in some future period of time. The serious bubbles one sees today are mostly reactions to actions taken at an earlier time! The some control is good. But try to control economic conditions and you end up with times like the Great depression or like is currently happening! If the economy is left alone the wild swings will weaken and we will hit an equilibrium with some swings in the economy. Wild economic moves usually result from somebody trying to control things. The more one succeeds in controling anything the more of an opposite reaction one can expect.

The Nefarious and Destructive World of TARP

The Detroit car companies have really been in trouble and getting worse for 30+ years. As they had problems, they would make minor changes. leverage up their value and continue on their way. Any companies that do not contain excess wealth over expenses will collapse when economies cause a reduction in revenue. Laying off workers is the current fix. The snowball is growing! I expect it to fly apart and make the world deal in real wealth not wealth in appearance only. Auto workers are only worth the amount of wealth they create! Anything in excess is borrowed wealth or with a bailout ...wealthfare.