Tag archive for ‘Inflation’
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
The Alpha and the Obama…
This week, the Democratic National Committee holds its convention in Denver, Colorado. Amist the hoopla of Clinton supporters threatening blood in the streets, unpaid vendors clamoring for funds from the DNC, makeshift GTMO’s constructed by the Denver PD, and the veritable circus of coverage I’ve watched today (and we haven’t even gotten to the main [...]
Has the “oil bubble” finally burst?
Back on June 23, I wrote a piece entitled “Why is Crude Oil (and gasoline) so expensive?” Since then, I’ve received quite a few emalis and comments to that piece - many of which essentially chastising me for not adopting the “drill here, drill now” framework as being the main lynchpin to solving US oil [...]
Shooting Craps - Vegas comes up “snake-eyes!”
Now I know recession is close at hand. When the purveyors of sex, drugs, and cheap thrills hit the skids - you know the rest of the economy can’t be too far behind. America’s most outrageous city, Las Vegas, is facing a growing multitude of problems, and they all boil down to a single, unavoidable [...]
Are we heading for a global recession?
To rather lackluster fanfare in the “public consciousness” yesterday, the Federal Reserve announced that it was holding interest rates flat, and hinted that it may need to raise interest rates in the near future as it is becoming increasingly concerned about inflation. All of this has me wondering - are we heading for global recession?
Inflation [...]
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