I think we need to create new measures of supposed prosperity rather than using the old stand bys.  At best, the stock market is an indication of how good the well off are doing.  At worst, it's nothing more than a casino for speculators.  Ergo, it has absolutely nothing to do with how the majority are faring in this e...more

I wish that some of you would form your own blogging group so you could discuss why one party is better than the other somewhere else.  Every day it's the same blather from you folks. We get it.  Some of you think Obama is an idiot.  The others think the Republicans are the root cause of all the worlds evils.   T...more

The trouble is Anthony that those of us who invest our pension funds via mutual funds  haven't seen a real returnin  over a decade.  I know that is why I pulled my money out.  It took me 3 years to recoup from the last sharp downturn.  I am over 50 and don't want to work until I am 70 to retire.  The market feels and a...more

How is issuing new debt to replace old debt a reason for optimism?  Does Greece have the where-withal  to pay back any debt?  All i have heard is increasing property taxes to raise $2 billion which leaves only $348 billion to go.   The September job's report  included the 48,000 Verizon workers who went on strike a...more

Someone wiser than me has observed that the reason we aren't creating jobs is because companies are getting bigger--almost like monopolies--and monopolies are not known for being innovative.  The bigger companies get, the harder it is for risky start up operations to get loans and otherwise get on their feet.  Monopoli...more

Isn't the real question--why weren't banks required to do this in the first place?  In the 1940's, home buyers had to put down 50%.  In the 2000's, buyers didn't even have to come up with closing costs.  Maybe if banks had to retain some consequences for the sales (loans) they made, they wouldn't have been so free and ...more

Remember when stock market prices responded to actual data and economic fundamentals  and not "hope" that something positive was going to happen?   Personally I think this "market" is a con game and I have pulled my pension funds out. These market surges are only speculators trying to draw you back in.

Why do people assume the stock market fluctuations are any indication of anything other than speculators making a quick buck?    By sounding the bell the media only encourages trading.  These scare tactics are robbing people of their pension assets as the greedy speculators are taking hard earned equity for themse...more

I read these blogs and have concluded the problem is no one wants to take responsibility for being a citizen in the US democracy but only find fault with everything and everyone else.    What have YOU done lately to make a difference in your communities?   Stop blaming politicians, the rich, the tea parties, t...more