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Re: KTC

By: clo in FFFT | Recommend this post (0)
Thu, 18 Aug 11 9:22 PM | 47 view(s)
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Msg. 31749 of 65535
(This msg. is a reply to 31748 by oldCADuser)

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Hi OCU,

No, that wasn't discussed.

They complained about the Dodds/Frank bill & lack of leadership in Washington DC, Congress & "leadership"= Obama. Compared them to the Wizard of Oz.

They don't think there will be a double dip recession (I am highly suspect!)
They predict Global growth at 4%.

They said the DOW's p/e about 10%, hasn't been this low since 1955 & the S&P is also very low.

Sorry I tried to look on CNBC's guest list to get their names, 2 seasoned gents in control of BILLIONS in their funds. clo




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DO SOMETHING!


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The above is a reply to the following message:
Re: KTC
By: oldCADuser
in FFFT
Thu, 18 Aug 11 8:38 PM
Msg. 31748 of 65535

Did anyone ask them about transaction fees, like virtually every other country in the world charges, which would probably help with both the uptick issues and the machine trading? And besides, since we the taxpayers have been bailing out Wall Street for the last several years, perhaps everyone would be better served if there was a little more 'pay-as-you-go' in this country. After all, when Conservatives get together and start talking about how Main Street is helped by the infrastructure paid for with tax dollars they always seem to eventually get around to discussing the idea that perhaps the average citizen should be expected to 'pay-as-you-go'. Well perhaps it's time that Wall Street be given that same opportunity to pay for the benefits which they are reaping from the taxpayer supported infrastructure of their industry.


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