There is something about FINRA

There is something about FINRA;seems the same people who failed ot protect the public didn't know Bernie Maddoff was crook,or some would say failed to act when everyone knew Bernie Maddoff was a crook ,the very same people who through their policies of no money down easy credit created a global melt down are now claiming to give "unbiased stock advice" on their website? Am I the only one that see the irony in this?

As my grandmother used to say ." I would never buy a used car from that guy" and although I may let my daughter date a Rolling Stone ,I would never take stock advice from an administration that has failed in every single policy initiative it has mistakenly put forth.

Seriously folks getting the IRS to do your taxes seems a far less risk ,than listening to a government agency about something so complex like investing. After all the IRS is billed as the most efficient tax collection agency in the world ! While the SEC is on the cusp of being folded into a super regulatory agency and if anything has completely failed in its mission of protecting the investor class.

FED plots the easing end game

As FED plots the easing end game, a tug of war is developing in the short run between the weak dollar make money off inflation and the ending the FED cuts will strengthen the dollar crowds. The theory being that on one hand FED rate cuts weaken the dollar and raise prices of basic commodities like oil, natural gas, wheat, soy beans and so on while ending the rate cuts would have the opposite effect of pushing the dollar higher and in turn lowering the cost of basic commodities. Depending on which camp you are in defines what stocks you are buying or looking to buy. In the short run I would be looking at a dollar rebound but in the long run I favor the higher commodity price argument.

Meanwhile tomato pickers in Florida look to go on strike and congress continues its assault on free markets with talk of wind fall profits taxes, large gas tax increases, increased banking and finance regulation and a final assault on free trade. It’s funny that the same people that want open borders for illegal immigrants look to limit the amount of goods and services that can be exchanged from country to country. The continued rushing head long into the foolish policies of punishing the producers that led to the energy crisis in the 1970’s and now also being applied to the agricultural market will have the same disastrous results. The net effect being the same results as 1970’s; which were a government created energy shortage, higher inflation and slower economic growth.