jas225 - Business
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Opinions
Performance fees of hedge fund managers should be taxed as regular income.
The government should follow the principles of Keynesian economics during a recession.
Citigroup should have been bailed out by the federal government.
The government should regulate salaries of companies who have received bailout funds.
The New Deal shortened the Great Depression.
Governments should nationalize insolvent banks in response to the financial crisis.
Virgin America is the low-cost U.S. airline I prefer to fly with.
Capitalism is the most effective economic system. Though "effective" could be interpreted a few ways, if we are talking about raising the aggregate system's standard of living, id have to go with Capitalism. Which isnt to say it has its faults. Thank you end-of-2008 for pointing this out to the free-market yahoos.
Public investment should have a higher priority than tax cuts in Barack Obama's stimulus package. public investment will lead to immediate stimulus while tax cuts would take a longer time to have an effect on growth. we need jobs now!
Management is most responsible for the U.S. auto industry's financial problems. re: competition: relative success of competition is not a REASON for failures but a RESULT of mismanagement...re: financial crisis: has EXACERBATED the problems but not CAUSED the problems...re: labor contracts: of course labor will want the best benefits
Firms seeking assistance should under the Troubled Assets Relief Program (TARP) should be required to raise private capital first. very good way for the govt to help discern which companies deserve federal funding
The U.S. federal government should not provide financial support to its auto industry. The US government is not an investment bank. Lending money to bail out the auto companies or to help buy competitors sets a very dangerous precedent. An industry that relies so much on trust and psychology like finance required a "bailout" of sorts so tha
The media has played a significant role in the financial markets' response to current economic conditions. The sensationalist treatment by the media has no doubt created an irrational fear. While I am generally a fan of Jim Cramer, who the heck is he to say that everyone who may touch their retirement in the next 5 years should take all their money out? Commen
Globalization ultimately will benefit America.
Cutting corporate tax rates is an effective method of creating jobs. Of course it is an effective way of creating jobs. Can anyone who says "no" to this issue really say that if corporate taxes were zero, more jobs wouldnt be created? The real question is whether or not the benefit of tax cuts would outweigh the costs of h
Governments should infuse capital directly into failing banks as part of their response to the financial crisis. I dont see a good argument against this. It is a way of maintaining a stable financial system while giving taxpayers upside potential. Markets up %10 today on news that this would be a large part of the global "solution." Clearly consensus that this is a
The financial crisis will not lead to another economic depression. -10% decline in GDP? I just don't see it happening.
Congress should increase the cap on federally insured bank deposits.
Presidential politics did play a role in derailing the bailout plan on September 29th.
Mark-to-market accounting should be suspended. Tough one, but I think at least for the time being, it should be suspended. The market for mortgage backed securities is completely illiquid so mark to market accounting for banks just doesnt give a clear picture of their assets.
The federal government is most responsible for the current financial crisis. Blaming lenders and financial institutions is like blaming a basketball player for pushing off the defender to help him score. its not the players fault for using the referees negligence to his advantage. And to say the consumer was at fault? C'mon, if
The federal government should pass the proposed $700 billion financial system bailout. The federal government absolutely should have passed the "bailout." 1) if the government paid reasonable prices for the assets they were buying, the cost to the taxpayer wouldnt be anywhere near $700 billion (more in the order of $100-$300bn) 2) the marke
AIG should have been bailed out by the federal government. AIGs role in the economy is too important and scope is too broad to let it fail
Lehman Brothers should not have been bailed out by the federal government. Federal government should only intervene when bankruptcy would pose a serious risk to the financial system, not to save execs from losing their shirts...AIG, like Fannie and Freddie, must be saved because of the threat a bankruptcy poses to the economy at
The U.S. is undergoing the worst financial crisis since the Great Depression. Time will tell but its pretty telling that Lehman made it through the Great Depression but not the current crisis
Bush Administration policies have had a negative impact on the economy. Yes, some policies led to current conditions. But more importantly, there has been a huge absence of sound policies to combat or mitigate the problems that have arisen. Gas prices, mortgage crisis, investment banking meltdown, stagflation, etc. At best th
The Treasury Department should block severance packages for Fannie and Freddie corporate executives. Absolutely. Let it be known to executives of financing companies that recklessness and mismanagement (especially in today's tumultuous economy) will have consequences...least of which should be no golden parachutes.
The Microsoft commercials featuring Jerry Seinfeld do not effectively compete with Apple's Mac campaign.
Private equity deals have a positive effect on the public. Assuming some government oversight and regulation, private equity deals are very beneficial.
Airlines should charge for food.
Coke makes a better tasting cola than Pepsi.
Starbucks brews a better-tasting coffee than Dunkin' Donuts. Starbucks iced coffee actually has a taste, unlike Dunkin's...the non-iced coffee is a closer debate but I still probably side with S'bucks
Free trade is necessary for economic development. unfortunately, some individuals will be casualties of globalization and free trade but collectively i think we all benefit
Executives of publicly traded companies should not be required to disclose health conditions to shareholders. but they should have to outline a succession plan
Short-selling has a positive effect on financial markets. Absolutely necessary. Short-sellers protect the public from artificially inflated prices.
The SEC should not strengthen regulations on short selling. another attempt to find someone to blame for the market doing its job...financial institutions stocks should be getting crushed, its not the work of traders that pushed their prices down
Call centers should not be required to disclose the physical location of their employees. but they should have to be able to speak comprehensible english
The federal minimum wage should be $9-$10.99 an hour. step towards reducing income gap
Tobacco companies should not be liable for smoke-related health problems. responsible for educating people not financially liable
Hasbro should permit Facebook members to use the Scrabulous application. they screwed the pooch on getting out a good competitor, they should let it be