Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Skeeter Bug who wrote (88545)	7/5/2009 8:21:48 PM
From: Larry S.	Read Replies (1) of 94695

Yes, things are going to be difficult. How do you think we can avoid very serious difficulties? I agree with your comments about Reagan. He started us down the road of deficits don't count. I expected him to eliminate the Unified Budget but he not only dumped Volker and appointed Greenspan but he maintained the UB to help hide deficits. His deregulation of Telecom destroyed the greatest R and D Org. ever and caused the resultant surge in mal-investment, which made Clinton look good, an additional major negative. FWIW, the worst of our present situation, in my view, is the fact that the financial part of our economy now accounts for nearlly 50 percent of corporate income. It was 16 percent when Reagan took the Presidency. Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next