Search found 65 matches

by JLak
Tue Mar 10, 2009 6:06 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

Also, he's a progressive capitalist, not a socialist. Huge difference. This is a matter of semantics. Elementary schools teach socialism as an autocracy, but Karl Marx never believed that was possible. "Progressive capitalism" in a market crisis period is right from the playbook of Das Kapital . Mo...
by JLak
Sun Mar 08, 2009 10:12 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

In 1929 and 1874, there was still a strong tradition of paying dividends. I was stuck in a car with my boomer bosses and they were giving me 'advice' about investments, coming up with these complex ways to value a company based on future cash flows and recent price strength and all sorts of complic...
by JLak
Sun Mar 08, 2009 4:33 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

Also, he's a progressive capitalist, not a socialist. Huge difference. This is a matter of semantics. Elementary schools teach socialism as an autocracy, but Karl Marx never believed that was possible. "Progressive capitalism" in a market crisis period is right from the playbook of Das Kapital . Mo...
by JLak
Thu Feb 26, 2009 8:10 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

2009 Budget: "...$3.94 trillion in the current year" Employed people in the US: 142,099,000 Average worker's share of government expenses: 3.94 trillion / 142 099 000 = 27 727.148 Median income: $32,140 That's 86% of median income and we're just warming up! Sources: http://www.foxnews.com/politics/f...
by JLak
Wed Feb 25, 2009 5:19 pm
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

Social mood takes on a life of it's own and governement intrusions or external factors have done little to change that. I find that there is a bit too much hocus-pocus on these boards about the zeitgeist. People today have the same motivations for lending or not lending that they did in the past. T...
by JLak
Sat Feb 21, 2009 2:22 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

mannfm11 wrote: -=all kinds of great stuff=-
...and now with the Santelli video going around, a good deal of America is beginning to agree with you too. We're not scared of the unraveling. We're scared of MORE raveling. Sit back and watch what happens to the world as Atlas begins to shrug.
by JLak
Wed Feb 11, 2009 4:51 am
Forum: Finance and Investments
Topic: President Barack's news conference 2/9/2009
Replies: 18
Views: 15690

Re: President Barack's news conference 2/9/2009

I hear these same type of solutions all over the Internet yet our politicians continue to drool at the possibilty of a trillion dollars to spend and don't seem to care a bit about doing what is right. Or is it that they are just so out of touch? No. They're actually acting ethically believe it or n...
by JLak
Wed Feb 11, 2009 4:26 am
Forum: Finance and Investments
Topic: Run on Banks Thwarted on 9/18??
Replies: 3
Views: 3517

Re: Run on Banks Thwarted on 9/18??

Marshall Kane wrote:On Thursday (Sept 18), at 11am
Right about when I walked out of the bank with my entire savings account in cash.
Marshall Kane wrote:It would have been the end of our economic system and our political system as we know it.
What does he mean by the latter?
by JLak
Wed Feb 11, 2009 4:17 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15920012

Re: Financial topics

Once I get my Ph.D., though, I'll definitely have to get on with it and get a job as a college professor, which should also not be a problem PhD in psychology: yet another commodity with a massive supply:demand ratio. Nobody else is going to say it because much of the rest of this forum is in the t...
by JLak
Thu Feb 05, 2009 12:35 am
Forum: Finance and Investments
Topic: Blog Post: Can a country default on its debts? Can the US?
Replies: 29
Views: 22412

Re: Blog Post: Can a country default on its debts? Can the US?

The issue is SECURITIZATION OF DEBT. Okay, so the unraveling occurs over the term of the debt, right? Do you know what expiration curve looks like; how far it goes out for instance? You've stated that we are just at the beginning. I don't doubt that, but is there a quantitative way to show that? Al...