user8240

Trade Deficit Improves, but for All the Wrong Reasons

While the view that Americans are cutting consumption on imports because of the economy is considered by Trader Mark as a "wrong reason", its actually a very good result. After years of no savings spurred by Greenspans wealth effect, we are finally forced to confront the reality of wealth destruction by cutting spending. The consequence will, in the long run, promote lower interest rates, capital investment, and self-financing of economic recovery.
BTW, what happened to the picture of the Chinese guy in the cowboy hat?

Curing the Credit Crisis: A Better Alternative Plan

The constitution says:
"To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures". Nothing about Gold.

The problem is the Paulson plan gives more cash to banks that aren't lending what they have because they are afraid they won't get paid back. We should be creating effective demand for loans instead of transferring paper around.

Foreclosure Stimulus to Boost Tech's Four Horsemen

"Annual core retail sales are up 10.2% over the last three months."

Hello, the economic stimulus package,which mailed out about $50
billion in checks in April and May, provided the lift to income and consumer spending