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The problem at Goldman Sachs is that the management and Board of Directors has no concept that it is the shareholders that own the company. And that their duty is first, and foremost, to the shareholders, not to the employees. It is well known that with the sheer number of people unemployed...

I personally like tougher regulation of government. A prohibition on the government interfering or participating in the financial markets through scams such as Fannie Mae/Freddie Mac. A prohibition on the government spending more than it takes in for taxes. Regulation of the government...

Sneaky way of forcing more government trash paper down the throats of the populace, instead of just doing the honourable thing and cut back government spending so goverment bonds aren't necessary. A lot of people criticize the banks for how they run their affairs, but it pales in comparison...

Do you actually think anyone is investing in that garbage?? Or is it just the Fed printing up money and then buying Treasuries? At least with buying a subprime mortgage, there's collateral. US Treasury debt = no collateral. Its the ultimate in unsecured, unbacked paper.

When do the bankers get liquidated (as in, I mean, personally liquidated)? Population in the USA must be getting pretty restless now. All that anger is going to be directed somewhere. Where are those FEMA concentration camps when we need them? The only hope for America is to import some...

About time... Tired of seeing people sitting on their duffs, collecting market-outperforming returns, just by owning so-called 'risk-free' bonds. We'll never see any growth in this country so long as the monetary system rewards savers excessively, compared to investors and risk takers.

Will the USA seize the overseas assets of domestic citizens, in order to repay foreign creditors, if things get particularly bad for the dollar? That's the scenario I'm worried about. Americans that are planning for a collapse of the domestic economy, may very well be fooling themselves if...

My view -- inflation in consumer prices (driven by energy, etc.), and deflation in bond prices (hence, higher interest rates) and in assets that are highly correlated with bond prices (ie: houses, real estate more broadly). From 2000-present, oil prices have basically tripled. This did not...

The travesty here is that, for the past few decades, engineers have been treated like sh*t in the economy, have been compensated very poorly for their skills, and the domestic labour force is now dominated by foreigners who may very well just get up and leave one the crap starts hitting the fan...

Is this true? OMFG, we're so f*cked if it is..

I'll buy when one year of my salary covers off the entire cost. Seriously, by the time the housing market has done correcting -- buying on credit will basically be unheard of. Every asset class goes through the same sort of cycle with respect to the credit that is granted against it. At...

Back in the old days, the USA had technology that was unique, could be exported for top dollar, and was able to support a domestic manufacturing base that was several times more productive than foreign manufacturers. But the bankers, by their greed, ruined the domestic technology industry of...

Yuck. I'd be in favour of an "electronic Glass-Steagall". Mandated seperation of media companies, and transmitters of media. This is pretty ridiculous. On the level of allowing traditional banks to get into the investment banking business. Utilities (ie: Comcast) should never be...

If the dollar devalued by 70% in the next few years -- wouldn't that increase the equity valuation of every stock on the stock market (except for the banks)? Maybe that's what the market is predicting. True, but businesses barely have any debt (and tech firms have crazy amounts of cash on...

The housing market can't recover until the employment market recovers. The employment market can't recover until the stock market recovers, as no business will add capacity or make investments, if they can merely buy back their own stock on the open market at less than the cost of creating new...

Devaluing the dollar is a way of taking money from the people who already have way too much of it (ie: the elderly), to people who don't have nearly enough of it (the young, and highly indebted). That's why the government would want to inflate the dollar. Money does little when its locked up...

Lol, the market was a better deal in 2007 when it had a P/E of what, 17, and was (Dow) at 13-14k? Of course not. Give your head a shake. There have been plenty of periods throughout the history of the market, during recessions, that earnings have gone to zero, or even gone negative...

Trying to revive business investment is a misallocation of capital? Hardly. Where do you think businesses, and investors 'get' the money to create employment, to hire people, etc? They get it from reaping a return on their prior investments. Let's face it -- stock market investors, since...

A bubble in stocks is necessary to revive the economy, to allow business owners to start investing again, and to increase employment. Why would the Fed want to prevent this?

With tax revenues from capital gains, and from dividends, almost completely drying up, along with declining income tax revenues -- where else is the government going to get any money other than taxxing consumption directly?? The beast is rapidly starving itself, by having eaten all of the...