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Who Said You Need Millions?
Cold Gruel
Just imagine if they started investing when they were only ten years old. That would be even better. If only our nation's children were not so irresponsible and would get real jobs. Why can't they be more like Tim Hartford who, when he was a boy (although never had a childhood and and old soul born 40 years old and wise) shined shoes and ...
Posted to
The Undercover Economist
by
Chaordic
on
November 15, 2008
The Downwardd Spiral in Almost everthing
News oil is down to $70 a barrel is coupled with the downward fall of banks, and the under girding trust. But aren't they interrelated? The vast sums which came pouring into Wall Street looking for a home came from the oil world countries who had no place to reinvest those excess dollars. Now as those dollar decline show up in less cash given ...
Posted to
Today's Papers
by
Arlin Carlson
on
October 17, 2008
Bailouts Present a Moral Hazard
''The current bailouts are a strong argument for tighter regulation, but regulators cannot be everywhere, any more than a claims adjuster can ride around in your car all day'' Whilst not being so naive to believe that regulation can be unlimited, it is clear that the banking industry has (had) sufficent margins to be able to support a much more ...
Posted to
The Undercover Economist
by
moresexplease
on
October 7, 2008
Blaming speculators for high oil prices
I don't agree with this article not because of the fact that I know a lot about oil but I some how think the same rules applies as do to the livestock industry. I have been around cattle my whole life (50 years so far) and seen cattle sold at the sale barn for as much as a dollar a pound but also a lot less, now figure into that about a 40 percent ...
Posted to
The Undercover Economist
by
Truth Hurts
on
July 13, 2008
Demonizing Speculators
How can you tell us not too blame the speculators at least for part of the price of oil these days?? Iran test fires a missile or four, a tropical storm blows around off the coast of Mexico, a terrorist group menstions an oil producing nation's name, or the stock price for GM falls below record levels and at each turn the price of oil is driven ...
Posted to
The Undercover Economist
by
AMCS
on
July 13, 2008