Hedge Fund Manager Thinks We Should Spend

 

http://finance.yahoo.com/blogs/breakout/barton-biggs-austerity-big-mistake-124734101.html

I note that he is a manager of a hedge fund.  A Hedge Fund manger is Bernie Maddoff, or the guy who just got 11 years in prison for shady dealing, or his accomplish who is also under indictment.  What makes the media people think that a gambler, even an informed gambler is credible for national monetary policy?  Geither was from Wall Strret,(remember he didn’t pay his taxes?)so was Paulson and Volcher. What did they get us but a lot of bailout, a lot of national debt and deeper into financial turmoil. Yes, the hedge fund managers make mistakes and then they ask the taxpayer, and I mean the middle class taxpayer to bail them out.  Hedge fund managers are gambling that they are better at guessing then the rest of the pack and that they can cash out as soon as the water is boiling.  The Fed, the USA, and you and I don’t have that “big boy” “insider” luxury. Maybe a solution to our problems is more federal regulation of hedge funds, a vehicle for the wealthy and super rich anyway, yes, maybe abolish the hedge fund gamble all together.

Herman Cain for President

http://news.yahoo.com/blogs/ticket/cain-nearly-quit-campaign-florida-straw-poll-says-115734617.html

I don’t have much money, but I would willing to contribute it to the Cain campaign for President.  Hey, I’m white and he ‘s black.  Just put that in here for the too many people who says things are racially motived.  Why do I even mention it because I am honest and want to put things out on the table because too many are not willing to use the “color” word and the USA is going into the “can” because of it.  Mr. Cain, as the article notes, is an accomplished, educated, intellectual with credentials that do him and the nation well.  I like his candor, I like his Moxie, I like his ideas, and I like his plan for America.  Personally, I am for Romney, but I am listening to Herman Cain and the more I hear, the more I like.  He is fun.  He is refreshingly candid and transparently honest and he just might be the leader we need for President.