I am a capitalist.... Primarily.... I do bemoan the dangers of laissez-faire capitalism. I'm not a fan of "Windfall profits"... But what I'm really not a fan of is giving tax breaks and incentives/ Republican socialism, to these companies... That is offensive, People are making $10 an hour Pluss benefits, are just scraping by and some companies get subsidies to drill Our natural resources, at Pennies on the barrel.
Beijing.... Carl this morning said that the air is on a scale of 1-500 and that this is a 50 day.... WHOLY CRAP..... IF THAT PEA SOUP IN THE BACKGROUND IS A 50!!! Athletes are going to die... and certainly no world records.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Monday, August 4, 2008
Windfall Profits
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