Truemors
Wall Street Journal Supports Break-Up Of Big Banks
Wall Street Journal Supports Break-Up Of Big BanksAdd the Wall Street Journal editorial board -- to the growing ranks of those calling for a restoration of barriers between commercial and investment banking. \The editorial heavily criticized Democratic proposals to... 
The Bigger the Bubble the Greater the Bust
It is becoming clearer by the day that the feds' efforts aren't really working. They can give money to their friends in the banking industry. They can give money to speculators who then make bets on the stock... 
346 views | 71 recommendations | 21 comments
The Status of the U.S. Economy
Once upon a time earnings were a reliable performance measure to judge a company’s financial health, whether being good or poor. It helped to make proper business decisions.If the company was making money, it was... 
A Wise Lesson From the Past
For 40,000 years - maybe longer - our ancestors have walked the very earth. They lived. They died. What did they know? Scientists say they were as smart as we are. What did they talk about? What did they think... 304 views | 44 recommendations | 17 comments
Mister Market’s Moral Lesson
Markets are not mathematical, nor mechanical; they're moral. Their purpose is not to make people wealthy, but to make them wise. If they were mathematical they would make people richer by adding zeros. But it's not... 
Financial System led by Market or Economy?
A market economy is a system of allocating resources based only on the interaction of market resources such as supply and demand. A true market economy is free of governmental influence and other external... 
Creative Destruction
Schumpeter framed the phrase “creative destruction” into the economic discussion around 1940 in one of his publications.Creative destruction is often shared with innovation when something new kills something... 
Obama’s Inaugural Sacrifices:
TIME magazine published an essay written by Mike Murphy a political writer, under the title: The Sacrifice Gap. As this essay expresses much of the concerns dealt with in my recent articles it may be of interest to... 111 views | 24 recommendations | 3 comments
