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  • Greece aims for €24B in first tranche of new aid [View news story]
    Loaning money to repay old loans while increasing the loan total. This is the song that never ends... Rip off the band-aid and allow them to reset and rebuild. Better to turn the glass over and empty it out as opposed to draining it a drop at a time.
    Aug 2, 2015. 12:03 PM | 1 Like Like |Link to Comment
  • Biofuels defenders blast EPA plan to cut ethanol mandate [View news story]
    "Archer Daniels Midland (ADM) complained it had invested in renewable fuel projects "on the basis of firm legislative commitments" and across two presidential administrations."

    Live off lobbied governmental mandates, die by their removal.
    Nov 16, 2013. 09:17 AM | 6 Likes Like |Link to Comment
  • Big Ben made a big mistake in the way he announced the Fed's plan to end QE yesterday, laments CNBC's Larry Kudlow. When it comes to ending the bond-buying program, the training wheels needed to come off slowly. But, while investors were still pondering exactly when a tapering of the program might begin, Mr. Bernanke laid out a plan to completely end QE in roughly one year or less. The abrupt policy shift immediately has sparked a rout on Wall Street, and it's going to shake up confidence even more, Kudlow says, perhaps even slowing the already anemic recovery. [View news story]
    Rip off the Band-Aid. More time only extends the inevitable pain.
    Jun 20, 2013. 09:19 PM | 2 Likes Like |Link to Comment
  • Who Should an Investor Believe: The Natural Gas Industry or The New York Times? [View article]
    Paul Samuelson was once asked if he thought there was going to be an oil shortage. He replied, "At what price?" So it is with this nat gas. Will the price of shale gas be economical? At some price yes, although not the case at the moment. However, that doesn't mean it's time won't come.
    Jul 3, 2011. 04:08 PM | 2 Likes Like |Link to Comment