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  • Wall Street Breakfast: Must-Know News [View article]
    The depression will not arrive. We are already talking about doing away with mark to market accounting. If we say that the assets are worth 200% more than their true value, why should the market have to go down. We should just pass laws to eliminate the posting of corporate losses. We could also say that the government is not running a deficit and instead is running up huge budget surpluses. Why all the worry? Because they are running huge surpluses we can pump a trillion or 3 into the economy and it won't create inflation down the road in our capitalistic utopian economy. Don't Worry- Everything is going as planned and is under control! LOL
    Jan 29 08:36 am |Rating: +8 -1 |Link to Comment
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