Greenspan warns of U.S. recession risk

[DOGS THAT BARK]

Was listening to Mr Icahn ( a billionaire stock guy)a while ago who is very familiar with China--said there has been a lot of pressure on them from U.S. last 6 months--and was talk of raising corprate taxes and then their equivilant to Greenspan made remark about taking means to cool things off--and the rest is history.

--again unless there is direct reason can't see much diff now in corporate world than month ago. minimum wage increase will have immediate effect on employment and prob inflation few months down road--but will have little effect on stock companies earnings--most negative impact will be on small privite business's.

I'm certainly no stock expert but have seen the yesterdays before--and they do not come as shock anymore. While "some" of the media tried to make it sound like end of world--in reality yesterday was like giving up last 45 days gains and recouped about 25% of that today.

Corporate taxes and gov regs are biggest killers of economy other than catastrophies like 911.

--however I'm no expert and just my opinion.
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just saw your post Spongebob and will add anyone as negative on tax cuts as you--probably doesn't pay any.

 

[The Sponge]

t my opinion.
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just saw your post Spongebob and will add anyone as negative on tax cuts as you--probably doesn't pay any.

Who is negative about a tax cut there doggie? You give me $300 and the other guy 2 million i say keep mine and his. Now give him the 300 and ill take the 2 million and i will okay the deal and lets see if the guy getting the 300 is happy with that. You want to have tax cuts? Then do it fair with a flat tax cut.
And while we are at it let the tax cuts come from the guy that caused the surplus and not some hack who couldn't balance a budget to save his life.

 

[The Sponge]

Corporate taxes and gov regs are biggest killers of economy other than catastrophies like 911.

--however I'm no expert and just my opinion.
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you forgot to throw in corporate greed aka out sourcing. That 440 million that fat slob needed for severance pay could do a lot to create some jobs.