Before you start accusing read your history books! Bill Clinton was and is the lynch pin for the financial collapse and continued malaise. It was his administration that pushed for the repeal of the Glass Stegel  Act. It was his administration that had it written into law there could be no oversight and regulation of d...more

Seems, if memory serves right, the crash following the massive 98 run up was devastating. You can't artificially manipulate markets for political gain, as is currently being done, and think this crash won't be even worse. It took how many years for the NASDQ to come back from that crash. this could be even worse.

What a joke, 2012 will be a good year. These investment advisers want everyone to believe everything is ok. Maybe they better revisit the history of the 30's, it is the only history comparable to the markets of today. And for all you Keynesian Obama backers who think we can spend our way out of this mess, the world is ...more

Love of Money Absolutely, big gov't causes more chaos than and does good. The primary responsibility of our gov't is to provide for the defense of our counrty and certain additional necessary safety nets. The best way to do it TERM LIMITS. Becomes much more difficult to control agendas when you are dealing with a co...more

Love of Money, No market can function without some type of regulation, same as no society can function without laws (murder, robbery, ect) and the punishment which goes with them. The problem lies with the manipulation by gov't of the markets and their attempt to manage the system. The markets are to large to be man...more

Love of Money Glass Steagle simply separated retail banking, investment banking, and insurance so the risks were compartmentalized and reduced in the retail banking side. Worked pretty well for many years. As for markets not being able to heal themselves, if gov'ts stop trying to manage economies and manipulate mark...more

First of all, please understand we are not in a recession, we passed that point long ago. We are currently in a depression, no one simply wants to use the D word. There is a great difference structurally speaking. Recessions generally follow periods of growth pegged to high inflation, something we have had hidden by th...more

The manipulation taking place currently in both the accounting side and the market side is unparallelled in history. A financial institution makes money because the quality of the company is downgraded, who is kidding who? These institutions are in such bad shape they will not survive as is. As for the Dow and S&P, the...more

it is called PPT, and has been abused by this administration to level never before seen. W used it to hold the market between 7000-8000. This administration has used it to move markets to almost 13000. All for political purpose. ( to create large equity positions for union pension funds and float bank balance sheets). ...more