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August 2011

Recs

7

Paul Krugman's latest rant

August 18, 2011 – Comments (6)

I just finished reading Paul Krugman's piece called "The Hijacked Crisis" which was published in the NYT on August 11, 2011.  For those of you unfamiliar with him, he's a Noble laureate and an unabashed Keynesian economist.  He's a smart guy from an academic standpoint.  He's also a deep thinker.  He's not dumb or dim.  But for now, his assessment of what the solution is to the US economic malaise is, in a word, C-R-A-P.    Read for yourself:  [more]

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4

A Turnaround Strategy for the Federal Government

August 10, 2011 – Comments (3)

     I think many, if not most, will agree that current market volatility may be attributed at least in part to the growing instability and lack of direction exhibited by the US federal government.  One question that continues to come into my head is why policy wonks, administration leaders, and Congress don't look to the history of corporate turnarounds for some ideas to help kick-start the economy and clean-up the federal government's balance sheet.  Sure it's not an apples-to-apples comparison, but I submit that the process would be a step in the right direction.  [more]

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6

Where do we go from here?

August 08, 2011 – Comments (2) | RELATED TICKERS: GLD , SLV , DBA

Like many Fool fans I spent a good part of the weekend reading and watching commentary on the S&P downgrade of the sovereign rating of the US.  Big news indeed since it hasn't happened since the Great Depression.  So where do we go from here?    [more]

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