A Self-Serving Non-Solution to Negative Equity in America [View article]
Christ, you're a hard hearted son of a bitch. Can't wait until you or a member of your family looses a job, and then their home.....
You need to realize, this isn't ALL about speculators. If you really want to start pointing fingers, start with the mortgage and banking industries that promoted these half assed loans to folks.
Wall Street Breakfast: Must-Know News [View article]
Jersey, you are full of bull. NO, the Democrats are NOT suggesting a 50% tax rate. Rangel is suggesting a 4.6 percentage-point surtax on high incomes. Do some basic math BEFORE you start your GOP Fearmongering.
And, not for nothing, I'd also like to add: 6 1/2 years of GOP misrule have destroyed the value of the dollar and seen the price of Oil more than Quadruple.
The bush Administration, which, thanks to its massive deficits and tax give-aways to the rich and corporations, to its war spending, and to its failure to combat unprecedented and ever-larger trade deficits, has been causing the dollar to plunge in value.
And you're worried about paying taxes? I'm more outraged over the loss of purchasing power of the Dollar under this inept, incompetent administration.
Employment Report Fictions and Fed Actions [View article]
Well, what exactly did you expect from our current 'leader'? Everyone with an ounce of self respect admits bush is a lightweight, and his incompetent and criminal disregard for oversight of the nation's economy has landed us squarely where we are. Now the question is how to stop them from digging the hole any deeper....
1. Reinstate the prohibitions that a bank holding company can own other financial companies. (which was repealed in 1999 by the Gramm-Leach-Bliley Act. )
2. Have a write down deadline for financial institutions, such as the end of 2008. After that, tell the superbanks and Citigroup boys "you eat your losses.
Only after we've actually cleared the books and ensured that it can't happen again will we move out of this mess.
Payrolls Drop - And You Ain't Seen Nothin' Yet [View article]
Something Positive?
Why would you want sugar coating on the S@#$ bush and company (with their non-regulation mindset) have foisted on this country?
Face it manooch, we are NOT in a good place, and it really doesn't show signs of getting better soon. Until we get a handle on exactly where the write offs by the mega banks and other foreclosure related expenses are to end up, it's no use saying "gee it's nice in our financial markets", cause it aint.
p.s. I will leave you with one positive thought, just to make your day: 290 days, 11 hours and 47 minuets until that GOP disaster is gone.
I support your Iraq view. It is about time folks woke up the economic cost of bush's war. Ironic that he claims to be a 'uniter' yet by all accounts he has done the exact opposite to everyone else. I used to vote GOP every time, but if he's the best and brightest they can put forward, I'll vote for Obama.
What Is The Best Asset Allocation Strategy? [View article]
Excellent. Nice, clearly written post.
Your estimates on return may be a bit rosy, even if they are based on historical rates. You know what they say "past behavior is no predictor of future actions" but it is (in my humble opinion) probably in the ballpark.
Wall Street Breakfast: Must-Know News [View article]
All hail the WORST PRESIDENT EVER
The 3 Main Reasons Behind This Recession [View article]
Yea, Right.
7 Years of GOP control and all we have to show for it is a shrinking tax base and a bloated war machine.
Can't wait for Jan 20th...
Wall Street Breakfast: Must-Know News [View article]
Worst. President. Ever.
A Self-Serving Non-Solution to Negative Equity in America [View article]
You need to realize, this isn't ALL about speculators. If you really want to start pointing fingers, start with the mortgage and banking industries that promoted these half assed loans to folks.
Wall Street Breakfast: Must-Know News [View article]
And, not for nothing, I'd also like to add: 6 1/2 years of GOP misrule have destroyed the value of the dollar and seen the price of Oil more than Quadruple.
The bush Administration, which, thanks to its massive deficits and tax give-aways to the rich and corporations, to its war spending, and to its failure to combat unprecedented and ever-larger trade deficits, has been causing the dollar to plunge in value.
And you're worried about paying taxes? I'm more outraged over the loss of purchasing power of the Dollar under this inept, incompetent administration.
Employment Report Fictions and Fed Actions [View article]
1. Reinstate the prohibitions that a bank holding company can own other financial companies. (which was repealed in 1999 by the Gramm-Leach-Bliley Act. )
2. Have a write down deadline for financial institutions, such as the end of 2008. After that, tell the superbanks and Citigroup boys "you eat your losses.
Only after we've actually cleared the books and ensured that it can't happen again will we move out of this mess.
Confusing Volatility With Risk - A Costly Investment Mistake [View article]
Value Traps and Market Bottoms [View article]
Payrolls Drop - And You Ain't Seen Nothin' Yet [View article]
Why would you want sugar coating on the S@#$ bush and company (with their non-regulation mindset) have foisted on this country?
Face it manooch, we are NOT in a good place, and it really doesn't show signs of getting better soon. Until we get a handle on exactly where the write offs by the mega banks and other foreclosure related expenses are to end up, it's no use saying "gee it's nice in our financial markets", cause it aint.
p.s. I will leave you with one positive thought, just to make your day: 290 days, 11 hours and 47 minuets until that GOP disaster is gone.
VIX Down 30% in Two Weeks: What to Expect [View article]
Businesses Advised to Walk Away [View article]
The EDGAR Database: Watching Warren Buffett [View article]
What Is The Best Asset Allocation Strategy? [View article]
Your estimates on return may be a bit rosy, even if they are based on historical rates. You know what they say "past behavior is no predictor of future actions" but it is (in my humble opinion) probably in the ballpark.