Posted on October 29, 2009 by mrk202
Have you all heard? The recession is officially over! Well, that’s what the politicians want you to think. Even with 10% unemployment, forthcoming inflation, and a worthless currency, we had positive GDP growth last quarter, so hey, all is good! Over the next few months you will hear a lot of talk from Obama and [...]
Filed under: Big Government, Congress, Economics, Economy, Global Warming, Liberalism, Money, Politics | Tagged: Congress, Economics, Economy, GDP, Global Warming, Healthcare, Liberals, Obama, Pelosi, recession, Spending | Leave a Comment »
Posted on October 23, 2009 by mrk202
Like we have said before, it is clear that Obama came into office this year with one mission: to destroy American business both big and small. It has become entirely evident now, that this man believes business is the root of evil in all of the world. This is why when his disastrous one term [...]
Filed under: Bureaucracy, Corruption, Democracy, Economics, Economy, Liberalism | Tagged: Capitalism, Chicago, Democrats, Obama, Rahm Emanuel, small business, untouchables, war on business | Leave a Comment »
Posted on September 16, 2009 by mrk202
We are proud to announce our new startup, hedgeable.com launches today! It’s been a lot of work. Hopefully we can help all Americans through the rocky times ahead in their investment portfolios. Hedgeable will be running a contest from today through September 30, in search of “America’s Worst Investor.” We would like to reward those [...]
Filed under: Economics, Economy, Entrepreneurship, Finance | Tagged: contest, financial crisis, hedgeable, rome, worst investor in America | Leave a Comment »
Posted on September 7, 2009 by mrk202
A new paper endorsed by Nobel Laureate James Buchanan, and written by economists Charles Rowley of George Mason University and Nathanael Smith of the Locke Institute, says It is also not impossible that the US will experience the kind of economic collapse from first to Third World status experienced by Argentina under the national-socialist governance of [...]
Filed under: Economics | Tagged: Argentina, Barack Obama, Depression, Economy, recession, Socialism | 1 Comment »
Posted on August 26, 2009 by mrk202
Any chance the U.S. had of long term recovery and growth is going to be trampled on once again by our Government. At a time when we should be instituting sound money- less spending, less taxes, strong dollar, higher rates- we are doing the exact opposite. We are ballooning the size of our debt, and [...]
Filed under: Economics | Tagged: Bernanke, Capitalism, debt, Deficit, Economy, Fed, Federal Reserve, Obama | Leave a Comment »
Posted on August 26, 2009 by mrk202
This opening paragraph in this AP article says it all: In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire [...]
Filed under: Big Government, Congress, Economics, Finance, Money, Obama | Tagged: Budget, budget deficit, bureacracy, Deficit, Economics, Economy, Finance, Healthcare, Inflation, Money, Obama, Spending, Taxes, unemployment | Leave a Comment »
Posted on August 17, 2009 by mrk202
An excellent piece from Peter Schiff on Sunday about the painful choices ahead for America: http://seekingalpha.com/article/156254-less-government-or-lower-wages-you-choose I believe that we must restore the conditions that led to our economic preeminence. We must once again become the leader in economic freedom. This entails dismantling a significant portion of our federal and state governments, repealing countless unnecessary [...]
Filed under: Economics | Tagged: China, dollar, Economics, Inflation, interest rates, monetary policy, Obama, Peter Schiff, US Dollar, wages | 1 Comment »
Posted on August 7, 2009 by mrk202
Treasury Secretary Geithner is pushing to regulate all venture capital firms as registered investment advisors with the SEC. For all intents and purposes, the government is lumping VC firms with those financial organizations responsible for destabilizing the financial system. The problem is that VCs had nothing to do with the economic meltdown. They don’t use [...]
Filed under: Big Brother, Big Government, Economics, Economy, Entrepreneurship, Finance, Investing | Tagged: business, Economy, Finance, Geithner, Investing, Obama, regulation, SEC, VC, venture capital | Leave a Comment »
Posted on July 30, 2009 by mrk202
The recent stock market surge should be viewed as what it is, a bear market rally. People tend to get overly pessimistic during crashes and then jump the gun and get overly optimistic at the bottom (what is going to spur a new bull market). The fundamental reality is still this, this country is shedding [...]
Filed under: Economics | Tagged: bear market, bull market, Economics, Economy, Obama, Stock market, Stocks | Leave a Comment »
Posted on July 30, 2009 by mrk202
Another excellent article by John Stossel yesterday on the liberal myth that is the “minimum wage”. http://www.newsmax.com/stossel/minimum_wage/2009/07/29/241242.html As anybody with an ecnomics background knows, the minimum wage is just as destructive to the job market as unions. If employers could pay people what they could afford there would be more jobs and people’s wages would [...]
Filed under: Economics | Tagged: John Stossel, Liberal, minimum wage, Obama, Taxes, wage | Leave a Comment »
