What would you do if the government handed you a check for hundreds of dollars? We found out a few months ago what would happen — and it wasn’t economic stimulus. I wasn’t happy with the original economic stimulus payment because I didn’t think it actually addressed any of our underlying problems with credit and consumer spending fueled by debt in our country. A second economic stimulus would do about as well as the first one. Plus it would add a great deal to our national deficit.
But the folks in Washington have decided that the best way to show their …read more

Everyone knows that the stock market is risky, and that you could lose money, no matter how “good” your information may be. However, things are getting a little bit dicey. MarketWatch’s Paul Farrell points this out about where our stock market is headed:
Now the biggest of all insults: Our capitalist system is so dysfunctional that lately the market has taken to cheering as Wall Street’s incompetent bankers hide their mistakes by selling huge chunks of America’s equity to China, Singapore, Abu Dhabi and other sovereign funds — with more sell-offs coming. …
Unfortunately, our leaders just don’t get it: America’s high-on-the-hog, …read more