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Consumers Should Be "Too Big to Fail"
With the Great Recession behind us (or is it?), as distasteful as it was to see the financial, insurance, and automotive industries bailed out for their greedy and reckless behavior, it seems clear that President Bush's and President Obama's decisions to do so were correct. Allowing the "too big to...
Why Not More Stimulus?
Nonfarm Payrolls grew at a paltry rate of 80,000 in June, the unemployment rate is stuck above 8%, retail sales are faltering and inflation is significantly low… It appears the economy is stagnating once again, and GDP may even once again slip into negative territory creating a double-dip...
Quantitative Easing 101
The Ben Bernank’s second dose of quantitative easing has been this month’s hot topic on Wall Street, with countless luminaries from across the globe flooding the internet, television, and even radio waves to voice their opinions on the matter. Some of it was praise and adulation for the Ben...
The Ten Cannots
I received this email a few hours ago from a friend of mine. He is a private practice family lawyer in the South, not a Wall Street type. He wrote it, so it is original and not something that has zipped around the Internet a couple million times. My friend is a member of the most reviled demographic...
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