Regulatory Reform on front burner

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Regulatory reform of the US financial system has been put on the front burner with the Obama Administration’s outline of changes it desires. No argument here that reforms are necessay as the ‘too big to fail’ banks essentially embarked on a campaign to put greed in front of integrety and the law to issue credit [...]

Will the Fed to Monetize some debt and push Buy American?

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Major market indices have moved considerably higher posting above-normal recessionary highs while also hovering atop their 200 day moving averages. Meanwhile the dollar is being pressured as a result of investor’s steadfast belief that emerging market economies will eventually decouple from the impaired developed economies. The falling dollar, not an unopposed move by the [...]

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Will it never end–the on-going concessions and handouts to banks? Our Capitalistic system being dumbo-engineered to socialize losses, overlook transgressions of law, and reward failure? What’s next for the people?

Depression?

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The “D” word word has been bandied about by some.  Others deem it not likely since this time its different. Let’s examine the facts.
Following the Depression of the 1930’s Congress enacted legislation of all sorts including the Securities Acts of 1933 and 1934 and the the Glass Steagall Act (1933). The former securities Acts regulated the [...]

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