All posts tagged "bailout"

  • Mario Monti
    European Summit Agreement Gets Stocks Moving

    Germany relented from their hard line stance agreeing with the plan to allow the European Financial Stability Facility (EFSF) to get bailout funds to banks; mainly Spain. Italy’s prime minister Mario Monti (photo left), while claiming to...

    • Posted June 29, 2012
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  • Jeffrey Kleintop LPL Financial
    Jeffrey Kleintop: Gold and Oil Are Buys on Renewed Chinese Growth

    Jeffrey Kleintop, chief financial strategist at LPL Financial and author of Market Evolution: How to Profit in Today’s Changing Financial Markets, still thinks it’s to early to get into stocks.  So said Kleintop in an interview on...

    • Posted June 11, 2012
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  • Jim Rogers Says "Let Ireland Go Bankrupt"

    In this short video, legendary investor Jim Rogers gives his reasons why Ireland shouldn’t be bailed out. SMA Comment: The constant bailing out of those who borrow too much money is creating a very dangerous situation throughout...

    • Posted November 24, 2010
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  • Mark Mobius and Jim Rogers Agree That Greece Should Fail

    In other words, a bailout of Greece makes no sense. When companies and countries are fiscally irresponsible it makes no sense to bail them out. Both Mark Mobius and Jim Rogers agree that although the euro may...

    • Posted May 5, 2010
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  • Wall Street Lobbies Successfully for Bailout Money, While Manufacturers Wither

    Writing for the Pittsburgh Post-Gazette in a piece titled, “Time for Hard Work and Making Things,” Len Boselovic cites an op-ed piece penned earlier this year by Mark C. Tomlinson, executive director of the Society of Manufacturing...

    • Posted June 28, 2009
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  • Woody Brock Explores the Debt Burden

    John Mauldin recently featured a well-researched essay by Woody Brock, head of Strategic Economic Decisions, at his “Outside the Box” newsletter. An excerpt: There is nothing new about a nation running into trouble and running up large...

    • Posted May 23, 2009
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  • Ben Stein, "I don’t have any magical powers to foresee the future"

    Ben Stein, fairly famous commentator on stocks and economics, and as chronicled here, a dunderhead when it comes to forecasting anything regarding the markets, stated the obvious in an article in today’s N. Y. Times. Of course,...

    • Posted October 26, 2008
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  • Peter Schiff and Stephen Leeb Debate the Bailout

    An entertaining and lively debate is featured at the link below: http://www.boreme.com/boreme/funny-2008/bail-out-debate-p1.php ***

    • Posted October 1, 2008
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  • Breakthrough Reached in Negotiations on Bailout

    Apparently an agreement has been reached on the bailout boondoggle (excuse me; Rescue Plan). There is quite a bit of outrage regarding the proposal and “RPS” at the Calculated Risk blogspot pretty much sums it up: “Call...

    • Posted September 28, 2008
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  • Marc Faber Believes $700 Billion is Not Enough

    Marc Faber does not think a $700 billion bailout (rescue according to Bush) will be sufficient to prevent the economy from imploding. Faber believes that $5 trillion will be required because of the over-leveraged economy. He cites...

    • Posted September 27, 2008
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