The crash wave I’ve been expecting for a week appears to have finally begun. The markets showed some strong downside in the last two sessions, and did what they needed to in order to fulfill the expectations of the crash count…
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The Problem With Flat-Tax Fever
by Bears Chat at The Wall Street Examiner • • 0 Comments
November 5, 2011
The Problem With Flat-Tax Fever
By ROBERT H. FRANK
CLOSE watchers of presidential politics weren’t surprised to see many of this year’s Republican hopefuls proposing to replace the nation’s progressive income tax with a flat tax…
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New Fed paper: Boomers selling may depress stocks for next two decades…
by Bears Chat at The Wall Street Examiner • • 0 Comments
Bloomberg link
Stating the obvious. Love the author’s contention that maybe the Asians will buy our (Boomers’s) shares from us.
Excerpt:
Americans born between 1946 and 1964 are beginning to retire as the U.S. stock market is still recovering from …
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Why Means Testing Won’t Work
by Bears Chat at The Wall Street Examiner • • 0 Comments
First of all, Social Security is already means tested by
1) Progressive taxation of benefits.
2) Progressive reduction in benefits per dollars payed in.
however, further means testing of the have lesses is a fairness topic other than the thoughts I wa…
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China Tells Bernanke to Take A Hike
by a Wall Street Examiner • • 0 Comments
Interesting commentary posted on the gold-eagle website….here’s an excerpt, followed by the link….
Many commentators have posited that the US Federal Reserve will not hike interest for several years. It is my contention that the Fed CANNOT raise…
