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December 8, 2021
Hanging over his current real estate and resort holdings. some of that comes due fairly soon. hes personally guaranteed it. hes feeling the squeeze. hes selling off other assets. lo and behold, he gins up this charade to convince people to plop money on his desk, and they have. and he will probably make out from that okay. but anyone else who thinks theyre going to stick around this project for anything longer than 15 minutes and make money should have their heads examined, i think. and beyond t...
November 4, 2021
Or hurt short term. >> neither, ana. this is telegraphed. investors have been said that they take their foot off the accelerator and they did it. markets took it in stride and the stock market is still at a record high. long-term interest rates didnt move so i dont think this is a big deal for the typical american. its the start of a process and normalization of a monetary policy as the country and i dont think that means much. >> which probably is in good news for a lot of americans who feel li...
April 2, 2018
agenda and he has talked about trade protection. there are other issues where the president didnt seem to have a strong ideological position. hes been a protectionist, thought the trade wars were good. this zero sum view that in trade one side has to win and one has to lose rather than trading around the world. given that the president believes this stuff and is now implementing some of it, the markets have to respond. you see effects all over the economy. its agriculture and like our techno...
January 27, 2011
Had wall street executives transferring risk into the american pension system and then when it blew up, they had bought insurance, the wall street executives had bought insurance that the garbage they were selling to americas pensions was going to blow up, it did. aig was happy to collect the insurance money but didnt have anything to pay out. so we all had to pay it in our tax dollars to pay off goldman sachs $3 billion that went into their bonus pool and across wall street. the bigger question...