Posted on December 17, 2009 by mrk202
Yesterday we passed our Constitutional imposed debt limit of a paltry $12.1 trillion. A spokesman for the US Treasury said they have some mandate to float the debt within $150 billion of the limit in a crisis. This basically means that they can do whatever the hell they want, including making the country insolvent. Now [...]
Filed under: Congress, Elitism, Finance, Healthcare, Money, Obama, Politics | Tagged: 12 trillion, Bankrupt, Congress, debt, Healthcare, national debt, Obama | Leave a Comment »
Posted on December 15, 2009 by mrk202
Sorry for the long delay between posts. Here are our 5 current thoughts: 1. Obama’s approval according to a new Rasmussen poll has hit a historical low at 44%. Here are a few reasons why it should hover around the 50% barrier for the near future: Obama’s pledge to fight the war in Afghanistan has [...]
Filed under: Corruption, Economy, Finance, Healthcare, Money, Music/Entertainment, Obama, Politics, Sports | Tagged: Berlusconi, golf, harry reid, Healthcare, italy, Obama, senate, Tiger Woods, Woods | 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 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 12, 2009 by mrk202
We are sorry the press has been quiet at Obamulist over the last few weeks. We have been working hard on our stealth mode finance startup, hedgeable.com, scheduled to launch September 15, the one year anniversary of the Lehman Brothers Collapse. Thank you to all our readers for understanding.
Filed under: Finance, Investing | Tagged: Finance, hedgeable, Investing, Money | Leave a 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 June 11, 2009 by mrk202
An adviser to Treasury Secretary Geithner, Gene Sperling, stated in prepared testimony this morning that compensation practices “must be better aligned with long-term value and prudent risk management at all firms, and not just for the financial services industry.“ “Not just for the financial services industry” is the key phrase in this sentence. We totally [...]
Filed under: Big Government, Finance, Investing, Left Wing, Liberalism, Money, Obama | Tagged: CEO, Economy, executive pay, Finance, Liberals, Obama, pay, sperling, Tim Geithner, treasury, Wall Street, war on business | 1 Comment »
Posted on May 30, 2009 by mrk202
Will Monday signal the end of American capitalism and free markets as we know it? As we have pointed out since Tzar OBama took office just a few months ago, he has pushed this country’s economic system from capitalism to marxism at a break neck speed. On Monday General Motors will file for Chapter 11 [...]
Filed under: Big Government, Economy, Finance, General Motors, Left Wing, Liberalism, Money, Socialism, Taxes | Tagged: bankruptcy, Cars, Economy, Finance, General Motors, GM, Marxism, Obama, Socialism | Leave a Comment »
Posted on May 27, 2009 by mrk202
According to the Washington Post, some people in Washington, most notably Rahm Emmanuel, are spearheading an effort to put a VAT (value added tax) in place. For anyone who has traveled to Europe, this is the exorbitant sales tax that is added to every purchase, from a gallon of milk, to a new car. And what [...]
Filed under: Big Government, Economics, Economy, Europe, Finance, Liberalism, Money, Obama, Socialism, Taxes | Tagged: Emmaneul, Europe, Healthcare, Obama, rahm, Socialism, Taxes, universal healthcare, VAT, Washington | 2 Comments »
Posted on May 6, 2009 by mrk202
I wish Neil Cavuto would take all of his “common sense” articles and package them up into one of those desk calendars that you flip through each day. Many times they are the only things, well, that make actual sense on TV. In his latest diatribe, the omnipotent one finally has the balls to say [...]
Filed under: Big Government, Economics, Economy, Entrepreneurship, Finance, Investing, Liberalism, Money, Obama, Taxes | Tagged: business, Conservative, Economy, Finance, foxnews, market, neil cavuto, Obama, Stocks, War | Leave a Comment »
