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The government is like wall-street, accountable for NOTHING! Made it pretty easy to build the DC-wallstreet oligarchy. Now they are strengthening the DC-Medical oligarchy foundation and putting the IRS as acting cops on the beat. Land of the free?
So you recommend what, keep keep gov spending going? Remember that means continuing to borrow $.30 of every dollar spent and continued money printing. Oh, I see you come to reason with your last sentence "no gain without pain". Yes long term we will endure some sort/medium term pain to insure long-term, SUSTAINABLE ...more
Warren buffet responding to the secret of his success: " I always sold too early". I personally have been moving from an 70% equity position to a 75% cash position. I'll finish up liquidation over the next two weeks and reevaluate this fall......happy with 2013 gains to date.
It is really the employer sponsored heath-care that is responsible for the huge distortions in the healthcare market. People have been oblivious to the costs because with employer healthcare most of the cost is invisible to them. And because employers can negotiate group discounts, this has resulted in individual pol...more
The rabid left (synonymous with democrat) HATE the productive; the productive remind them everyday of what they are not: independent, hardworking, problem solving.
The left has hijacked the education system and between it and the left wing media the majority of Americans have been transformed into sniveling, whimperi...more
Could it be that liberals are beginning to loose support for running the debt to infinity? Gotta wait and see if the corrupt NYT fires Paul Krugman sometime in the medium-term....then we will know that we are returning to fiscal sanity.
Inflation has not reared it's head yet for the western economies as most of the monetary flows are moving south to emerging economies......and that is where annual inflation is rising, not here. But it is not sustainable to balance our books on the backs of emerging economies; emerging economies inflation today is a p...more