Eureka! For years I was angry with BUFFETT, but it turns out he, too, was ignorant of the depth of the 2008 Financial Crisis. NY Times Columnist, Neil Irwin recently debated himself as he analyzed the economy. He asked, ” is the economy really in bad shape?” He argues the pros and cons, while not … More The Voice of Joyce : Corporate Power is Killing US!
We can wish that Banks , Shadow Banks and Bankers were self regulating, but the facts speak for themselves, Bankers break the law regularly and request that the laws be changed . Watering down laws has been the norm; ask Volcker and Greenspan. The only way to correct this behavior is by enforcement and regulation … More The Voice of Joyce: Rationale of Market Force proposals
Dear followers: After more research on Derivatives and Fast Trades, I realize I have combined Financial products and a Computerized Trading Platform: Derivatives and Fast Trades . Please read on! While derivatives are indeed, Weapons of Mass Destruction, they are a Financial product . According to Warren Buffet, Derivatives which include CDO’s ( credit … More The Voice of Joyce: #TaxRiskStopInequality; correction of earlier Posts
THE HEART & PULSE OF THE MIDDLE CLASS! Dear Followers: Please tune in today for my live chat on #TaxRiskStopInequality. Hear my updated and revised thoughts on Revenue and jobs for the Middle Class. See you at 11am . Bring questions too!
I listened to Barney Frank defend DODD Frank today and I’m outraged. He rails against derivatives now, but where was he during the Fannie and Freddie debacle? ( For insight into the Fannie and Freddie collapse, read Gretchen Morgenson’s excellent book, “Reckless Endangerment”.) He’s counseling Hilliary Clinton. That’s funny, she has teams of Economists … More The Voice of Joyce : want Trillions to spend now? #TAXRISK
I finally understand why millisecond trades are like Insider Trading and an unfair advantage! I now realize, it’s not that they purchase subscriptions to trade in milliseconds, or that they buy stocks in bulk, it’s ” the algorithms “, that make their trading unfair, uncompetitive and something I can’t follow and read about. ” … More The Voice of Joyce: Algorithms are an unfair advantage
It’s been several days since I returned from Omaha. The Berkshire Hathaway meeting did in fact attract, 40,000+ people , a global community basking in the wit and wisdom of Warren Buffett and Charlie Munger. They were not disappointed, the state of this Corporation resides in intelligent management, ready to deploy $40 Billion for another … More The Voice of Joyce: Why activism, just read our Stories!
I’ve never taken the time to study the TPP agreement. I believe an inclusive trade deal with as many countries is desirable. It’s not us against them, it’s us bringing the entire world together as one large marketplace. It’s not Globalization , or NAFTA or any trade agreement that’s hurting the American worker, it’s … More The voice of Joyce : Kvetching but hopeful
Dear Followers: Last week Congress passed a $1.1 Trillion Budget which guts Regulation of Derivative trades. Many on both sides of the aisle protested to no avail. David Vitter and Sherrod Brown proposed legislation to make Derivative trades less risky. This was voted down to the Country’s detriment. However, I came up with a better … More PUBLIC ADVOCACY: Move forward with an extra $1.068 Trillion in revenue
I started writing my Blog in May of 2012, 5 yrs after the beginning of the Financial Crisis of 2008. No, I’m not counting deficient, I merely time the start of the Great Recession, with my Business cycle. In June of 2007, 3 months after signing another 5 yr lease with Merit’s landlord of 30 … More PUBLIC ADVOCACY: My Journey and yours