After reading this I wanted to share here.
Thanks for posting John.
Paragraph 6 is a killer.
Makes me sick how utopian socialists think they know the way to shape the future.
Will comment more later.
Again, thanks for the post.
-Mike
Very Interesting!
I put 2 quarters in the vending machine to get a refreshing Coca Cola.
Oops…that was what? 5 to 10 years ago?
Correction…it’s now $1.50.
They’ve add a few more ounces…big deal.
No wonder why Warren is so giddy. No wonder why he loves the Fed.
His Coca Cola shares ripen while the dollar implodes.
It’s not healthy.
Welfare…Warfare…
Read the headlines…there’s no end to it:
http://www.cnn.com/2009/POLITICS/12/01/obama.afghanistan/index.html
Here’s a nice…related…lining of the pockets:
http://archives.chicagotribune.com/2009/jul/01/business/chi-wed-navistar-0701-jul01
At $445,000 a piece…that’s a pretty fancy ATV.
How to compete?
The markets.
Learn to effectively trade them.
Easy? No.
-Mike
FWIW, The Federal Reserve is not a federal agency. Nor does it have any reserves.
JP