Charlie Gasparino: Another Crash 'Has to Happen Again' [View article]
A greedy, dishonest, ignorant, spendthrift, self-serving and incompetent government is the cause of our problems. Until this is changed nothing beneficial will ever happen. It sets the standard and the people follow, all the way to destruction.
Why We Need to Shrink America's Bloated Finance Sector [View article]
No, the financial structure is doing just fine. What needs to 'Shrink' in a very big way is the size of our government. It is bloated, out of control, a parasite sucking the blood, earnings and savings from the American people, and has taken this Nation to the brink of bankruptcy. It is time for Americans to wake-up, stand up and take control away from self serving, arrogant and incompetent politicians.
The Coming Consequences of Banking Fraud [View article]
The title should read; THE COMING CONSEQUENCES OF GOVERNMENT FRAUD. Our government is obsessed with power and control. Our government is arrogant. Our government is greedy. Our government saps out the life of it's citizens through taxes. Our government's huge debt has placed our Nation in a bankrupt status. Out government lies, steals and cheats it's citizens on a regular basis. Let's count the ways. It lies about the programs it proposes. It steals more of our freedom with the passing of each new law, rule and regulation. It cheats us of our earnings and savings through the insidious inflation tax. Unless, and until our government is reigned in, becomes much smaller, spends, not like a drunken self serving politician, but like a prudent individual, family or business, we will continue down the road to disaster and eventual destruction.
Five Reasons the Market Could Crash This Fall [View article]
Just for a start, let's say that all five reasons are wrong. What is in the wings that will start us flying again? Cap & Trade? Expensive new health care bill? Higher energy costs? Higher taxes? Higher unemployment? Larger National debt? Green energy programs? Higher interest rates? Less 'real' energy programs? More unemployment benefits? More government interference and control? More deficit spending budgets? Greater mileage requirements for cars and trucks? And there are more. And none are encouraging to start us flying again.
Is There Any Limit to Bank Arrogance? [View article]
I do not know much about bank arrogance, but I do know much about government and Congressional arrogance. It is on display every day of every week of every year. That is why we are in our current financial mess and most other messes.
Glass-Steagall: If Not the Cause, Maybe the Cure? [View article]
Before any final action is taken on bringing the Glass-Steagall Act back on board, review the reasons it was repealled. If I remember correctly the nature of business and finance had changed to a more global climate and the U.S. firms were being overrun by foreign companies. To reinstall a previous program before doing this just might result in unintended consequences. Also, its repeal really had little to do with our current financial mess. That was caused primarily by an out of control Congress and poor regulation, again because of the disinterest of again, Congress. Just something to consider.
When Business Is Funded by Government [View article]
It is interesting that many blame the banks, the wall street's and anyone else that suits their fancy. But never, never the government. And it is the government (mainly Congress) that put us in this mess. After almost 70 or more years of reckless and uninhibited spending, creating a huge national debt, causing inflation and thus the devaluation of our dollar, and setting a standard of fiscal responsibility so low that it should not surprise anyone that others might take the same approach just to protect themselves from the thiefs in government.
Charlie Gasparino: Another Crash 'Has to Happen Again' [View article]
Why We Need to Shrink America's Bloated Finance Sector [View article]
The Coming Consequences of Banking Fraud [View article]
Five Reasons the Market Could Crash This Fall [View article]
Is There Any Limit to Bank Arrogance? [View article]
Glass-Steagall: If Not the Cause, Maybe the Cure? [View article]
How About Adjustable Principal Mortgages Instead? [View article]
What's a Dollar Worth? More than Citi [View article]
When Business Is Funded by Government [View article]