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The guys got the smarts, and the Street knows it. I am going all in .... slowly. :-)

Your idea if a free market, is unfortunately, a pipe dream locked in the heads of academia who never ventured out into the real world. Free market means scammers can run wild, as they have done for thousands of years. There are reasons that we have laws and rules, and unfortunately, the last...

I've been aggessively averaging down using SSO and QLD on dips since Oct. 10. I have enough in reserve to handle another substantial downturn. I'll let you know how it turns out.

As opposed to the "free market capitalism" of the last eight years, where CEOs stole billions of dollars and parked it in some Swiss Bank somewhere, as they scammed hundreds of millions of people around the world. I rather have thousands of good roads and millions of energy efficient autos, than...

Obama's plan is to invest in long term capital improvements and technologies that will make U.S.manufacturing industry more competitive, so that we quit sending dollars to foreign countries (a hallmark of Republican 'free market" administrations) , and keep the dollars circulating here in the...

The Chinese will continue to buy bonds for the same reason the U.S had to bail out the banks - they have no choice. A collapse of the U.S. dollar what cause a concomitant collapse of their economy. So we are all in this together. The Chinese will probably move more toward internal growth rather...

Well, the President sets the agenda especially a very popular President. In this case, Reagan got his way (big military spending), which yielded a gigantic Bull market.

A good example why it is not a good idea to fight the Feds: Big Spending Reagonomics Stock Market circa 1980s " The Recession of 1982 By 1982, “Reaganomics” had taken its toll as several banks failed, the stock market plummeted, and unemployment soared in the worst economic...

Profits of Honda and Toyota go to Japan. It enriches Japanese society just like oil profits go to the Middle East. The way to turn around the U.S. is to start producing more than we are spending. As for horse and buggy, that is the "free market" solution, which gave us whopping gas...

The solution is very simple: 1) Get back to classical lending practices and standards that promise a good return from credit-worthy borrowers. Government oversight is required to ensure the thieves and scammers don't run away with the money as they did during the last eight years of do...

I agree. Some commonsense and competence should make the auto manufacturing industry - which is vital to our economy and national security - vibrant over the next decade.

I may be mistaken, but I don't recall there ever being a large downturn in the stock market during a period of massive government spending and monetary expansion.

It would be way too kewl to see what happens to the Republican party if they obstruct any loan/bailout, and bring down our manufacturing and financial system with it. Unfortunately, millions of lives would be adversely affected, so I am not going to contemplate the thought. However, if the...

Roubini's prescription is very similar to Obama's plans:

Roubini continues to forecast a possible 10 - 20% decrease in stocks, but he himself is 100% vested in equities. Hmmm .... Roubin's Latest Interviews]

All of this has happened. Mostly due to total lack of any oversight on how banks gave away our money, using scandalous loan standards, just so they can collect the upfront fees. And then scammed the world, by collateralizing this worthless junk, and selling them as AAA to unsuspecting investors...

I agree. There have been many attempts during the previous administration to make it easier for stockholders to get the fat cats out of their cushy seats. Rubin made $100 million for doing nothing except bringing down an institution. Ditto for Fuld and the rest. I hope that the new...

I think you and Krugman are saying the same thing. He is saying that when there is a liquidity trap, as there was in the 30s and now, then the AD curve no longer slopes down, but could take the form of a vertical line, whereby demand doesn't decrease in the classical manner.

Doing just fine thank you, and all systems are go. Let's just say that with strong tail winds from government fiscal and monetary policies, my upside/downside ratio is very favorable. As Zweig use to say: Don't fight the Feds. :-) I didn't accrue my wealth by listening to fear mongers. I did it...

Things take time to turn around. Finding new management, turning around views about "a dollars work for a dollars pay", takes time. We can start by kicking out all of those do nothings in the financial industry who make millions of dollars by scamming people and over leveraging companies, to the...