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The fault of deregulation?
From George Mason economist Walter Williams:The Federal Register, which lists new regulations, annually averaged 72,844 pages between 1977 and 1980. During the Reagan years, the average fell to 54,335. During the Bush I years, they rose to 59,527, to 71,590 during the Clinton years and rose to a record of 75,526 during the Bush II years. Employees ( Read more... ) -
The crucial point that I failed to realize.
In my response to this, I note:The case [against paying taxes] is already compelling. It’s just that I’m not willing to subject myself and my family to the violence that inevitably follows.
It was rightly pointed out to me a few comments later that:thomasblair ( Read more... ) -
Investment question for those so inclined/interested.
I have the following fund choices for my 401(k):- VFSTX (short term bond)
- PTTRX (intermediate term bond)
- DODGX (large cap value)
- RGAEX (large cap growth)
- VFINX (large cap blend)
- TRMCX (mid cap value)
- RPMGX (mid cap growth)
- VIMSX (mid cap blend)
- RYTRX (small cap value)
- BSCFX (small cap growth)
- JIEIX (international)
How would you allocate contributions ( Read more... ) - VFSTX (short term bond)
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The WSJ thinks so...
The Wall Street Journal posted an article along the lines of my question from yesterday. Are the markets responding in part to the near certainty of an Obama presidency.
The WSJ seems to think so. I certainly don't agree with all the listed thought experiments, but the gist is correct. -
A question.
Is there any credence to the idea that part of the reason for the market's continuing slump is the high probability of Obama's election?
If yes: if he is to be elected, and it seems all but certain now, how long might this last?
If no: what is your prediction for the bottom of the slump? Dow @ 8000? 7000? 6000? Gold @ $700? 600? 500? -
No more time to waste.
Life is far too short to be doing something you hate.
Time to move on. -
Fannie Mae & Freddie Mac.
FNM & FRE: socialized losses and private gain.