Email exchange with Warren Mosler. Please see his comments in BOLD. From: Warren Mosler Date: Sun, 5 Jun 2011 18:52:35 -0500 To: Subject: Re: On Thu, Jun 2, 2011 at 1:44 PM, Bob Kurlander wrote: HI If you have time can you comment on QE2 and this article below for Wall And Broad Report post. Everyone is worried that QE2…
These two items below are in line with what we are thinking and have been posting on this site since the last half of 2010, with input from Fred and Rob Lange of Lange Financial Services. LFS went to $100.00 on S&P 500 earnings for 2011 in mid 4th quarter of 2010, and now others, as seen below, are raising…
Before the November 2010 elections, this topic was barely on the radar screen in any meaningful way. Lange Financial Services was discussing it on this site, in posts last September/ October 2010. Rush Limbaugh was discussing it on the radio back then too. Now, not only is it, but it has a very good chance of being implemented which would…
Superbowl Sunday and Ronald Reagan’s 100th Birthday! Lange Financial Services- Sunday February 6, 2011 1:15pm Employment figures released Friday were greatly distorted by the weather and seasonal adjustments. New hires were 36,000 with economists looking for an additional 100,000. Some 500,000 plus workers were no longer looking for work bringing the unemployment rate down to 9.0% from 9.4%. 1.2 million…
FIRST EMAIL REGARDING THE EURO AND US DOLLAR. Warren Mosler to me show details 10:24 AM (1 hour ago) right, the fundamentals to me have started favoring the dollar over the euro but crude prices have kept me cautious. but now with the rising demand for US exports revealed, declining crude product demand, etc. the dollar could take over big…
Below is the report on the increase in the German Economy released today. Also included are the comments by Warren Mosler, who has pretty much been the best we have seen out of all for many years at understanding and discussing the Eurozone issues as well as the right side of the Euro trade to be on. Whats relevant to…
Deutsche Bank came out today with their 2011 target price for the S&P500 now being at 1550.00. I guess they must be reading this blog, as thats what I received from Lange Financial Services the other day too, well before Deutsche Bank, and before Goldman and the others raised their targets too. So I have to give the credit to…
Our definition of Gridlock has been to put a STOP to a One Sided Governemt controlled by Obama and the Democrats having The House, The Senate, and The Presidency. Plain and simple. We have been discussing the benefits of Gridlock for over six months now and have invested accordingly. Gridlock is happening! Just look at Obama’s TV speech today and…
Some parts of this Report are very good, and some are questionable ( like the Fed Manipulating the stock market), but overall I learned something good from reading it. Bottom line, we believe still that Bernake and the Fed gets the grade “F”. Therefore I have decided to post this direct link to the full report/letter for all. http://www.gmo.com/websitecontent/JGLetter_NightofLivingFed_3Q10.pdf
A good friend sent me this article today and I thought it definitely worthwhile to post to the site for all to read. Bobby This should be required reading for every man, woman and child in the United States of America . “I’m 63 and I am Tired” by Robert A. Hall I’m 63. Except for one semester in college…
July 08, 2010 from www.rushlimbaugh.com BEGIN TRANSCRIPT RUSH: Here’s the story on the Business Insider: “Young Americans Learn That Trying To Find Work Is Pointless — While the U.S. has experienced some job creation during the rebound so far –” there’s no rebound and there’s no job creation. At any rate, “Unemployment for America’s youngest job seekers continues to get…
Warren Mosler’s 11 steps to fixing the economy 1. A full ‘payroll tax holiday’ where the US Treasury makes all FICA payments for us (15.3%). This will restore ‘spending power’ and, by allowing households to make their mortgage payments, will fix banks from the bottom up. It may also keep prices down as competitive pressures may lead businesses cut prices,…