Investing 101 teaches to never chase short-covering rallies in a bear market, especially in an intentional Depression foisted upon the populace by its own federal government. Yet dreamers will dream, hopers will hope, and gamblers will gamble away the last vestiges of their Bush-era home equity Ditech stash, greedily buying hyped-up diluted crapcommon stocks, then…
Tag Archive for Bush
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White House: No Tax Cut Extension for Rich, Period – CNBC
by Newswires • • 0 Comments
The White House is insisting President Barack Obama will not extend the Bush-era tax cuts for wealthier Americans — even temporarily. Obama spokesman Jay Carney said the president has been clear in his opposition to extending tax cuts for households with annual incomes above $250,000. via White House: No Tax Cut Extension for Rich, Period…
Bears Chat, Best of the Forums
WPost: Obie flipflops, now says he’ll agree to cut Social Security
by Bears Chat at The Wall Street Examiner • • 0 Comments
Washington Post:
I have no problem with delaying the eligibility age. Makes sense with people living longer – if you want 20 years sitting in an armchair waving at the servants, pay for it yourself.
But there’s NO way any cuts to SS should happen b…
Bears Chat, Best of the Forums
Wall Street Loves Weak Dollar and Weaker Fed
by Bears Chat at The Wall Street Examiner • • 0 Comments
Since early 2009 (when the U.S. stock bull market began), the U.S. dollar has collapsed. The Brazilian real is up 56%, from 41 cents to 64 cents. The Canadian dollar is up 35%, from 78 cents to $1.05. The Swiss franc has also risen 35%, from 85 cents t…
Bears Chat, Best of the Forums
Bush’s Swiss trip cancelled after threats of prosecution for torture…
by a Wall Street Examiner • • 0 Comments
link
I wonder how Shrub feels realizing, for the first time in his life, that there are consequences for one’s actions.
