"High taxes help the richest, too" asserts Cornell economics professor Robert Frank, as the increased public spending would "produce clear gains in satisfaction for the wealthy," such as better-maintained roads. And besides, what difference does it make it if you have a home that's 15,000 square feet or one that's 10,000? [View news story]
Why not homeschool? You can have the best education for around $500 a year. Not to mention you wont be handing your kids over to incompetents, perverts, druggies, gangstas, etc.
Policy makers may not have commited felonies in the traditional sense, but they were "crimes" nevertheless, writes Forbes' Robert Lenzner of our failure to pull ourselves out of the 2008 recession. They were "crimes of bad policy, crimes of financial illiteracy, crimes of stupidity, crimes of poor leadership." [View news story]
An economic crisis of this magnitude demands leadership, writes David Gergen, as he calls on President Obama to lead the country. Gergen's roadmap: (1) stop campaigning for 90 days; (2) bring Congress back from vacation; (3) fill in the empty top spot at the CEA; (4) flush the anger and self-pity from the WH. [View news story]
The Messiah cursed and whipped the money changers out of the Temple. Let's see Obama do that with regards to Goldman's people.
The "Age of America" at an end, to be overtaken by China? "Give us a break," IBD says. Not only does China face formidable hurdles that will make it tough to keep growing at current rates, but the IMF doesn't even use correct data in its "politically motivated" report. [View news story]
Paul Vigna skewers Jim Cramer as an "insufferable jackass": "He’ll never be honest with his viewers, because being honest apparently isn’t how you get viewers on CNBC... He knows stocks are overvalued. He knows stocks are rigged. But he still tells people to buy them." [View news story]
"High taxes help the richest, too" asserts Cornell economics professor Robert Frank, as the increased public spending would "produce clear gains in satisfaction for the wealthy," such as better-maintained roads. And besides, what difference does it make it if you have a home that's 15,000 square feet or one that's 10,000? [View news story]
Policy makers may not have commited felonies in the traditional sense, but they were "crimes" nevertheless, writes Forbes' Robert Lenzner of our failure to pull ourselves out of the 2008 recession. They were "crimes of bad policy, crimes of financial illiteracy, crimes of stupidity, crimes of poor leadership." [View news story]
An economic crisis of this magnitude demands leadership, writes David Gergen, as he calls on President Obama to lead the country. Gergen's roadmap: (1) stop campaigning for 90 days; (2) bring Congress back from vacation; (3) fill in the empty top spot at the CEA; (4) flush the anger and self-pity from the WH. [View news story]
Let's see Obama do that with regards to Goldman's people.
The only folks who could challenge S&P analysts for being the dullest tools in the drawer (see $2T error) may be preparing to investigate the rating agency, as the Senate Banking Committee reportedly has begun probing S&P's decision to downgrade the U.S. credit rating. Deven Sharma, prepare for your perp walk. [View news story]
He is talking about gold.
The "Age of America" at an end, to be overtaken by China? "Give us a break," IBD says. Not only does China face formidable hurdles that will make it tough to keep growing at current rates, but the IMF doesn't even use correct data in its "politically motivated" report. [View news story]
Paul Vigna skewers Jim Cramer as an "insufferable jackass": "He’ll never be honest with his viewers, because being honest apparently isn’t how you get viewers on CNBC... He knows stocks are overvalued. He knows stocks are rigged. But he still tells people to buy them." [View news story]
December 2012 predictions.
Dow- 13,500
S&P- ?
Nasdaq- ?
Gold- 1,200
Silver- 25
Gas- 2.50
$ Index- 80
My debt- 0