Keep preaching, 2 sick.  I just wish people were listening.  I saw at least 8 CEOs/economists/analysts on CNBC this morning and all of them projected 1.5% GDP for Q3 and 2.5% for Q4.  Perhaps Steve Leesman was doing something under the round table that put them all in a good mood.

Lowered lending standards led to bad loans guaranteed by the government via Fannie and Freddie.  So once again, the gov artificially manufactured demand and the result was the housing bubble that eventually popped. Unbeknown to most citizens, the US treasury has quietly been buying up gold.  Again, they are creating a...more

I would be interested in a "corporate" voting policy based on the amount of taxes you pay.  The whole point of elections is to select the people who will be spending taxpayer money.  So maybe everyone should get a single vote and then for every $5000 you pay in income taxes, you should get another vote.  It seems ridic...more

Interesting survey by the American Association of Individual Investors released yesterday - only 20% of its members are bullish, the lowest that reading has ever been. I encourage everyone to read Charles Gasparino's new book, "Bought and Paid For", it details the relationship between Obama and Wall Street during the ...more

Who would want to take their company public in this climate of corporate bashing, demonizing Wall Street and class warfare?

Jarlax, In an ideal world, I would like to see the Fair Tax implemented.  This is basically a national sales tax.  This is the best way to tax the billions of dollars in the underground economy that currently avoid taxes.  Drug dealers need to buy dog food too, and the Fair Tax means they will be paying their fair sha...more

A. Merican, I agree about the flat tax.  But politicians have been using tax policy to control behavior for far too long to just quit cold turkey now.  Homebuyer tax credit, mortgage interest deduction, tobacco taxes, alcohol taxes, gas taxes,  property taxes, etc...

Here some food for thought - it is becoming more and more common for retirees to move to other countries where it is much cheaper to live.  They still maintain their US citizenship and still collect their social security checks, they just spend the money in another country. This isn't helping our economy or tax base a...more

Oh no, are we talking about "saved jobs" again?  Where's Biden?  Christina Romer?  Anyone?  ANYONE?