Government Not Allowing Finance to Heal Itself [View article]
Rambling and inconsistent, with some goofy ideology thrown in. "Forces people into riskier" investments? All investments involve making a choice between asset classes. There is no "forced", it is a simple choice between risk and return, as it should be. This guy must get his politics and economics from the Fox bozos.
Public Passion Drives Pay Czar to Arbitrarily Slash 175 Top Salaries [View article]
" a sad state when business leaders are required to buddy up to Washington"???
It is also a sad state when greed and selfishness rule. And "inhibit change"?? Part of the problem has been the arrogance of many to think that they should not change their ways. It is silly to think that most of the top people could go elsewhere and make more, there are a limited number of these positions. As an investor, I am glad these companies are starting to recover and equally glad someone in the government is exercising some common sense.
Government Transfer Payments Growing at an Unsustainable Rate [View article]
So ?? This is what we have known for over 20 years. The solutions of 'Living for dividends' are not thoughtful or informative. Taxes do not, by themselves become confiscatory, and slightly trimming benefits is not in the category of reneging. If the later is so, then my insurance company (and almost every one in the country) are constantly reneging. Missing for the 'remedies' is less escalation in the costs (drugs, medical bills, etc) and the tweeking of eligibility to lower costs. We need less right wing hysteria and more insught, but we will have to look elsewhere for that.
U.S. Jobs Propaganda Gets More Desperate [View article]
This column is trash. When you make a claim that anyone who disagrees is 'either a liar or an idiot', you have identfied yourself as both. Thsi column should be part of some loony-bin collection of far-out nut cases, not as any serious economic discussion.
I like the simplicity of the VAT and the fact it is figured in the price of an article. Having traveled in Europe many times, I think it is more up front than the phoney "on sale for $ 9.95" when the full price is much more when you add the tax. There is no need to be in a panic. If it is approached correctly and helps replace other taxes it could be a thoughtful improvement. However, in the USA, and in most Seeking Alpha columns, right wing knee jerk reactions seem to be the norm
Will New Credit Card Regulation Lengthen the Recession? [View article]
I agree that it would have been better to do the reforms years earlier, but that was not possible until the Democratic numbers were increased in the Congress. It takes a special type of mental qymnastics to propose that reform of arbitary and punitive practices somehow causes large scale economic problems. The whole column is superfical, silly and far fetched.
Sorry, but the Chicken Little's are more amusing than enlightening. I find very few comparisons with 1938, the economy is quite different and the tools/ knowledge is vastly different. To our fearful friends, please shut the door as your desend into your bomb shelter.
Profit from Volatility with Options Straddles: Financials Edition [View article]
If I understand this column, the proposed play would require a great deal of movement in ahsort time, with no consept of direction, and would prove to be expensive in most cases. Why would you propose this action in a declining VIX?? Of all the possible positions on finanicials, this appears to be one of the worst possilbe choices.
The author calls his column a 'rant' which is of course a more accurate description that 'well reasoned essay'. As for the comments by Lex as on Obama being a 'communist', where were you when the conservative Republicans were allowing the market and the economy to collapse? Sorry Lex, but you proved yourself to be an ideological 'squirrel,' more at home with your nuts.
The Senate Voted Wisely on 'Cram Down' Bill [View article]
The continuation of the current law (the defeat of the 'cramdown) means banks are treated as 'special' and get to avoid any participation-responsi... in the bankruptcy proceedings. It's nice to be 'special'. If a person is filing bankruptcy there is no shame or aversion to walk away from a house and let the bank eat the forcloosure. Banks are not always smart which is why many hawked poorly structured loans, did improper documenatation and quickly collected their fees. Be careful what you ask for.
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Latest | Highest ratedGovernment Not Allowing Finance to Heal Itself [View article]
Public Passion Drives Pay Czar to Arbitrarily Slash 175 Top Salaries [View article]
It is also a sad state when greed and selfishness rule. And "inhibit change"?? Part of the problem has been the arrogance of many to think that they should not change their ways. It is silly to think that most of the top people could go elsewhere and make more, there are a limited number of these positions. As an investor, I am glad these companies are starting to recover and equally glad someone in the government is exercising some common sense.
Government Transfer Payments Growing at an Unsustainable Rate [View article]
The Leading Cause of Personal Bankruptcy [View article]
U.S. Jobs Propaganda Gets More Desperate [View article]
Hedge Fund Managers Liquidate: Expect Downward Pressure on Top Holdings [View article]
7 ETFs to Short Right Now [View article]
National Sales Tax on the Way? [View article]
Will New Credit Card Regulation Lengthen the Recession? [View article]
Three Strikes from Apple and Palm May Be Out [View article]
Gold Should More than Double in Next 6 Months [View article]
U.S. Stocks: Today vs. 1938 [View article]
Profit from Volatility with Options Straddles: Financials Edition [View article]
There Won't Be a Recovery [View article]
The Senate Voted Wisely on 'Cram Down' Bill [View article]