Without Obamacare there would be 3 developed countries without universal health care. that would be Turkey, Mexico, and the U.S. Now tell me how Turkey and Mexico got it right and the rest of the developed world got it wrong.
Compromise Seems Futile As Cliff Nears [View article]
GE pays zero in taxes and has for years. Now throw in subsidies and you have a net gain. Corporations are sitting on two trillion dollars. Does that sound like soaking the rich?
Compromise Seems Futile As Cliff Nears [View article]
This government could not let the banks fail because the big banks are part of the government. "Soak the rich."???? The rich are now paying from zero to 15% in taxes. Corporations pay from zero to 14% in taxes. QE Forever goes straight to the rich who run the big banks. Stay stupid America.
Hey David, Love your stuff. Did you know that Ron Paul is one of the biggest "porkers" out there. I called his campaign on that and the answer was, "Well, if he does not take it, then someone else will." He "talks the talk", but does not "walk the walk". You are also right in calling this system a Plutocracy in that under all this capitalistic fluff, you have a system of National Socialism where the Banks, Government, and Big Business have melded to take care of themselves. Just look at QE Whatever and see how Big Banks take risk free money from the Government then loan it back to the Government and collect interest on that money.
Add to that my belief that I think that the earth is older than 6000 years, that America is not "exceptional", and that the cost of the American military empire is breaking the back of the American people.
Chesapeake (CHK -8.5%) hits lows of the day after admitting its target to reduce debt to $9.5B or less by year's end may be pushed into 2013 (conference call). Argus oil analyst Phil Weiss says CHK has promised a lot but has yet to deliver much: "They still say they are going to lower debt and they still need to complete asset sales. They just admitted they are having trouble."[View news story]
So what. It will happen. Long term strong buy. This country will move to energy independence.
Muolo, you are one of the few that realize that the American Financial System is actually National Socialism. My background is Political Science and when people call Obama a socialist I have to laugh.
The Market Has More To Worry About Than Just The 'Fiscal Cliff' [View article]
Nonsense. Am I going to turn away customers because I'm worried about clarity? Business is sitting on two trillion dollars right now. Banks and energy will always do well because they own the government no matter what party is in office. Where else will a government give money to a bank who will then loan it back to the government to collect risk free interest?
The Market Has More To Worry About Than Just The 'Fiscal Cliff' [View article]
Obama has the electoral votes now. Romney loses if he loses Ohio. Frankly, the entire system is corrupt and Obamny will be the real winner. Who do you think runs the Treasury Dep.? It's Goldman.
The NYT tells the fascinating story of how frenetic bankers like Ralph Eads III raised way too much money to finance the shale gas production dreams of those like his frat brother Aubrey McClendon (CHK). "Quit drilling," pleaded T. Boone Pickens to his fellow EXCO (XCO) board members as gas prices plunged. It made sense, but there was a problem: The terms of the EXCO's financing and leasing agreements required the company to continue. [View news story]
Why A Romney Win Could Be Bad For The Market [View article]
Government is not a business. If Democrats treat Romney the way Republicans treat Obama, he gets nowhere. Remember that the last businessman that was president was George W. Bush. When government gets into business, that's called socialism. When government gets into bed with big business and the banks, that's called National Socialism. That's where this country is now. QE3 forever.
Is First Solar's New Business Strategy A Winner? [View article]
You will find that with runaway global warming that solar will be one of your few energy sources or you could keep denying all of that and continue to watch the environment go to hell.
Here is my gauge of real inflation from Atlanta. Two years ago I could buy a chuck steak on sale for $1.95 per pound. Today is saw the price at $4.50 per pound. My house has gone from a valuation of $450,000 dollars before the crash to $250,000 now. QE $quat!
Effects Of Obamacare On Employment [View article]
Compromise Seems Futile As Cliff Nears [View article]
Compromise Seems Futile As Cliff Nears [View article]
Negative Reaction To Higher Taxes [View article]
You are also right in calling this system a Plutocracy in that under all this capitalistic fluff, you have a system of National Socialism where the Banks, Government, and Big Business have melded to take care of themselves. Just look at QE Whatever and see how Big Banks take risk free money from the Government then loan it back to the Government and collect interest on that money.
Fiscal Cliff Hissy Fit [View article]
Chesapeake (CHK -8.5%) hits lows of the day after admitting its target to reduce debt to $9.5B or less by year's end may be pushed into 2013 (conference call). Argus oil analyst Phil Weiss says CHK has promised a lot but has yet to deliver much: "They still say they are going to lower debt and they still need to complete asset sales. They just admitted they are having trouble." [View news story]
Gary Shilling Is An Optimist [View article]
The Market Has More To Worry About Than Just The 'Fiscal Cliff' [View article]
The Market Has More To Worry About Than Just The 'Fiscal Cliff' [View article]
The Market Has More To Worry About Than Just The 'Fiscal Cliff' [View article]
The NYT tells the fascinating story of how frenetic bankers like Ralph Eads III raised way too much money to finance the shale gas production dreams of those like his frat brother Aubrey McClendon (CHK). "Quit drilling," pleaded T. Boone Pickens to his fellow EXCO (XCO) board members as gas prices plunged. It made sense, but there was a problem: The terms of the EXCO's financing and leasing agreements required the company to continue. [View news story]
Why A Romney Win Could Be Bad For The Market [View article]
When government gets into business, that's called socialism. When government gets into bed with big business and the banks, that's called National Socialism. That's where this country is now. QE3 forever.
Steve Forbes: How To Bring Back America [View article]
Is First Solar's New Business Strategy A Winner? [View article]
Ben Bernanke And QE3++ [View article]