Quote:
Originally Posted by Moses
It's not too late...
1) Get out of Iraq.
2) Reduce capital gains tax.
3) Reduce domestic corporate taxes.
4) Develop a comprehensive energy program.
(OK, it's too late...)
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Altruistic at best. Not that it's a bad list, it's a good start, IMO.
Back in Nov '07 nostatic said that he predicted recession by '09 lasting until 2015. I believe him but I think he can advance his prediction to the present and the upswing sooner than '09. At 128/bbl today, the big sucking sound you're hearing is businesses being vacuumed dry.
Frankly, it's time for some corporate adjustment just as there has been real estate adjustments. Wouldn't bother me a bit if half of all stock owners lost everything but what's in their wallet.