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  • Looking at the Market and Three Tech Stocks - Dell, Apple and IBM [View article]
    I think it is precious about the rant on the floor of the traders, oh yes the trader's on Wall Street ranting about having to pay for other's issues.
    Feb 25 09:56 am |Rating: 0 0 |Link to Comment
  • Will Government Spending Work? [View article]
    Ending the subsidies, or government spending (read running the federal deficit by another 800 Billion with the earlier 700 Billion) why not tap another resource of money to help in the mortgage/banking crisis or the funding the Federal Deficit, US citizen ship and Immigration.

    The problem with the Federal Deficit of throwing more "fiat" money and the housing market is not enough more money (read Federal funding without taxes) or enough buyers (with money to fill the homes and pay taxes due to declining consumer spending). As a modest proposal, Offer a special route to US Citizenship (via visa's that vest after 10 years for American Citizenship). Imagine if a million individuals already in line to contribute to the American Experience are allowed to "buy in" to the US? With a 1,000,000 providing a check for a $1,000,000 each generating a trillion injection (not increase taxes, not rolling printing presses since it is our money overseas) of would provide not just an immediate injection that would dwarf the 700+800 Billion debt, but would provide real cash and real people to go filling up the empty homes and condo's across the country. It would sweep substantially away many of the empty or under forclosure home too and generate further spending by those families.

    The fact of the matter is America is the "ultimate gated global community" in terms of people trying to get in. These individuals are talented, skilled, innovators and risk takes. These affluent "global citizens" would be repatriating dollars that are being funneled out of the country either through oil transfers to the middle east or through the Wal-mart effect on industry offshoing jobs. Trillions are sitting in the sidelines in Asia (China & India) or the Middle East and even in Russia (the recent oil boom and gas shipments to EU).

    The problem is finding the dollars to fund the spending, and it can be more debt (Federal) or more printing (Fed Reserve) or "citizenship vouchers" as part of immigration. Fill the empty homes, refund the banks and financial institutions, and get the economy back on track through high income, high talented, risk taking, willing supporters of American values who want to the US. Give the 1,000,000 Squared plan a chance to work.
    Feb 11 10:31 am |Rating: +4 -2 |Link to Comment
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