Education: Life Skills as Part of the Curriculum?
Bank Reform: The Game is Rigged
Sure the banks have a ton of debt off their books. I would also agree that accounting standards exist in a reality that is much different than the average person's checking account. Therefore, we cannot begin to understand Wall Street profit driven schemes. Quite simply, we can choose to accept them and profit, or be very selective and profit from their fall into oblivion. Let us surely understand that the game is rigged. In his book A Colossal Failure of Common Sense, Lawrence G. McDonald suggests that Wall Street is always a few steps ahead of regulators. This too would go along with the Dick Bove's scheme that bank stocks could go up an additional 400% by 2012. While my money has bet against Wall Street in the past, it only makes sense to place bets on horses that are guaranteed winners. On the other hand, Jim Chanos would ask that investors use common sense
I entered into a 9/5s C contract only to watch it fall 20% the first week. However, a bit of patience has seen the investment rise to a 33% profit. I will look to add to this position as I am certain the banks will get away with murder when it comes to any type of regulation...
NEOP continues to bewilder me. Obamacare did put a mild crimp on this one as there is serious discussion as to the amount developmental drug companies will have to pay in taxes. Still though Lymphoseek and Rigs continue to food toward final FDA approval.