yellowhoard

Real and Fake: A Tale of Two Economies

We've improved from a rapid collapse to a slow decay.

People that view this economy as improving are seeing the same illusion that you get when one skydiver films another.

The one that pulls the rip cord first seems to be going up relative to the one that is holding the camera.

U.S. Credit Card Defaults Soar to Record High

I'm confident that our leaders are driving us into the ditch.

Credit Card Receivables: Even Moody's Thinks the Fed's 'Adverse Case' Is a Joke

No need to hurry. Goldman will buy all of the stock that is needed to make it all work out peachy.

Sell in May? No Way!

I've never been able to connect my naked people dreams with economics.

Well done Richard.

Sell in May? No Way!

We're not really stimulating anything when we're taking money from the productive part of the economy and letting the government choose where it is spent.

So, we'll get a high speed rail project from Disneyland to Vegas. And, every profitable company in America will cut their investment budget.

The Escalator of Life Is Going Down (Part 2)

Democrats and Republicans need to stop the name calling and blind party affiliation and begin to think of themselves as Americans again.

Take an hour out of your week and read the constitution. It really is a brilliant piece of thinking. Most of the problems that we face today could be fixed if we would stick with the original plan.

The Treasury should coin money from gold and silver. It's in the constitution for a reason. Abolish the Federal Reserve.

Government's New Credit Approach: Does the End Justify the Means?

We don't need no stinkin market forces.

Embrace the fascism.

Trust your leaders. They know better than you.

Credit Card Cancer

The Chinese are divesting themselves of dollars as we speak. They'll be the largest owner of natural resource companies by the end of the next year or two. Can't say I can blame them. Washington could not be making it any clearer to the world that the US has no intention of paying back our loans with nothing more than monopoly money.

American Express Buying Out Cardholders: Bad for the Economy?

I own a business and will not take AMEX. They want 5% per transaction! I only pay 1.75% to MC or Visa.

My advice to you all is to pay the minimum until they give you $300. Such a deal! Then switch to MC or Visa and charge wherever you like.

I fly to Tahoe every year with my American Airlines MC points, and I get back about $300 from my Discovery card.