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Three Strikes and the Idiots They Created
$700 Billion.
Massive commercial paper purchase agreements.
½ percent rate cut.
Well, looks like we went swimming with those band-aids on, and now they’re floating in the pool. Following bailouts and bailout proposals, buyouts and rate cuts, investors themselves have decided to bail out. The S&P is down 42% from its high exactly one year ago yesterday.
You know how sad things are? I didn’t have to elaborate on any of the first three fragmented sentences of this article. You knew exactly what I was talking about in each case. The government has thrown everything it’s got (and some things it hasn’t) at…
13Oct2008 | Oxbury Research | Comments Off | ContinuedNewly-Nationalized Wall Street
Why the US Dollar Should Look Out Below
Well, who would ever have guessed even a month ago that the country once considered the great global bastion of capitalism would embrace socialism with open arms … and without a shot being fired or a riot in the streets?
The Bush administration is well on its way to acquiring unchecked power from Congress to buy $700 billion in bad mortgage investments from financial companies. This plan aims to dodge a credit freeze that could immobilize the financial system and the world’s largest economy (which sounds like a great idea, doesn’t it?) but all…
24Sep2008 | Oxbury Research | Comments Off | ContinuedThe Oxford Club Forms Partnership with Jutia Group
Mon, Apr. 08, 2008 at 2:16 PM – Oxford Club’s Money Morning Division Enters into Content Partnership Agreement with Jutia Group:
“What an honor and priviledge it is to be working with Money Morning, an integral part of the prestigious Oxford Club publishing group. It is our goal to provide Jutia readers with the very best in independent investment research and we believe that this strategic alliance allows us to do just that.†Stephen Oakes, Jutia Group
8Apr2008 | Jutia Group | Comments Off | Continued
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