Retired and not yet retired should be concerned about Social Security. Barry Ritholtz lays out the options the government has regarding the sustainability of the fund. See “Saving” Social Security Zulauf, A Man Worth Listening ToWelfare States – R. I. P.Michael Kinsley’s Intuition is better than “Expert Opinion”
Ritholtz
 Wonderful Collection of ForecastsBelow is a link to a wonderful collection of forecasts for the New Year from The Big Picture. It includes forecasts/commentary from Wall Street Banks, Hedge Funds, Investment Advisors, as well as investment ideas and potential problems. International is also dealt with. You can get the information by clicking on [...] |
 Anything But StocksStocks 1999-2009: Worst. Decade. Ever. By Barry Ritholtz – December 21st, 2009, 6:00AM From today’s WSJ, comes this (amusing) article about the past decade: Its the worst equity performance in nearly 2 centuries. Why do I say amusing? Because despite what many fools and asshats were claiming in the 1990s, [...] |
 Geithner Fails, Gets Promoted and Taxpayers get ScrewedImage via Wikipedia Image via Wikipedia Barry Ritholtz, in a post entitled Special Inspector General: NY Fed Screwed Up AIG Bailout, argues that the government can’t seem to get it right even when they have a no-brainer: “The Federal Reserve Bank of New York, in a desperate headlong rush to [...] |
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 Worst Bill Ever. What About the Constitution?Here is another, similar take on my previous post. This one via The Big Picture. The frightening thing, at least to me, about Rosner’s commentary, is less the stupidity of the legislation than the abrogation of Congressional oversight in future decisions. If we had a Constitution, clearly such a policy [...] |
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