Facebook Investor Spending Months Salary on FB IPO

Facebook Investor Spending Month’s Salary Exposes Hype This article just says “people are F’n stupid” and it is why stocks and financial institutions are getting a bad rap. It isn’t the industry, it is the dumb-asses that think they can make a quick buck with little experience and no work. It is the people that … Read more

Pointless Bailout Anyway

These people don’t even know what they are trying to fix. The free markets just let the larger commercial and investment banks price default risks into the market with the lower valuations in the purchase prices. Banks and investors have both increased their leverage in the markets substantially in the past 12 odd years thinking … Read more

The problem with the current economic solutions

If Einstein were asked to solve the wrong problem, even he would come to the wrong conclusion. It is my opinion that this is what is happening to the powers that be in the U.S. Federal Reserve and Treasury. Yes, there was a housing bubble, which preceded the current economic problems, but it is NOT … Read more

Housing not the problem

Until they realize this actually stemmed from the stock bubble, and not the housing bubble ….they aren’t going to get around the problem. They will just keep rewarding those that made irrational decisions and punish those that made rational ones to stabilize overpriced markets…and the cycle continues. Over the last 8 years, this was easy … Read more