Former long-time business editor of major US women's magazine and contributing editor at dozens of different "trade" and consumer publications. Author of over 3,000 print magazine articles in past 30 years.
Penn Ph.D., centrist Republican.
Please visit my blogsites:
Baby Boomers-The Angriest Generation http://angriestgeneration.wordpress.com
The Rest of U.S. (for and about political Centrists) http://newcentristera.wordpress.com
and my brand-new blog about Markets:
Capital Punishment-Markets Through the Looking Glass http://marketslookingglass.wordpress.com
I'm a graduate of UCLA with a degree in Economics.
I don't like Communist. I don't like Socialist. I don't like heavy-handed manipulations of our economic system by the government and I absolutely detest the massive fraud that is currently being perpetrated by Ben Bernanke and Timothy Geithner. I see a day when these two, in particular, will be serving long sentences at Federal Prison.
It is my firm believe that what we are seeing is the greatest fraud in the history of the world, to paper-over a major financial collapse that occurred on/about September 2008.
I have little faith in our current government and I consider it a "regime." There is a big difference in "democratic elections" and "representative democracy." Our Congress is nothing more than an elected "Politburo," passing laws and enriching a corrupt elite.
I have a strong inner-faith in the American people to get through the future turmoil we will face, and get back to the foundations that "made" our country great.
I am retired from Fresno County. I like to blog and comment on financial matters. I knew of the housing bubble in late 2005, way before Cramer. I believe that the central banking establishment set up excessive and damaging credit vehicles both for investors and for borrowers. Investors were swindled but no one goes to jail. Borrowers were given so much easy money that the loans themselves pushed the value of houses up to unsustainable heights. It is worthwhile to "fight" the lending abuses peacefully, with education and through legal means where possible.
I am not an investment counselor nor am I an attorney so my views are not to be considered investment advice. It seems from my understanding of the economy, that folks who fight the Fed are fighting a force that is powerful, capable of keeping interest rates low, etc.
Dan Lightfoot is a trader in Stocks, FX and Futures. The majority of his trades are in equity options. He's also an associate broker for Coldwell Banker Residential Brokerage in Phoenix,Arizona. Additionally he also has an extensive robe collection and should probably (check the photo) lose a good forty or fifty pounds.