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HomeDavid Kotok on Why We Need to Go Over the Cliff
Posted by Larry Doyle on December 6th, 2012 8:26 AM |
When might an individual with serious personal problems decide to make necessary change in his life? When they reach the depths of hell and decide “it does not need to be this way and it won’t any longer.”
How about a nation? Is there any doubt our nation faces enormous problems, fiscal and otherwise? The manner in which we confront these problems will have a profound impact on our nation for generations. Will Washington swerve and avoid the fiscal cliff that some believe will lead us into a hellacious recession or are we better off actually experiencing that so as to finally wake up and make the necessary change? Are we even capable?
David Kotok of Cumberland Advisors provides real ‘sense on cents’ on this topic in response to a question posed to him, “what would you like see happen with the fiscal cliff?” (more…)
Quick One Question Sense on Cents Poll
Posted by Larry Doyle on September 21st, 2012 8:54 AM |
The pen is mightier than the sword.
We are living through truly historic times. I am firmly convinced that the challenges and issues we face today will fill many a book tomorrow.
I truly love this blog for the very simple reason that it provides a voice to me and others to express and share informed opinions on a host of topics.
As we continue to navigate the twists and turns of our economic landscape, at this point in time I would welcome hearing from you, the readers of this blog. Could you take a few short moments and respond to this one question poll? (more…)
Sense on Cents Will Be Back
Posted by Larry Doyle on August 24th, 2012 5:13 AM |
I guess I could address another in a long line of financial scandal or another rendition of “kick the can”. I think I will defer. As with any effort, there is always a benefit to pause and reflect. So on that note, I will do just that and return to regular commentary after Labor Day.
Perhaps those who enjoy coming to Sense on Cents might care to navigate the site and peruse the extensive links and resources, which I find to be of real value in my own personal pursuit of the truth.
As I take pause and reflect, I hope you can do the same. To that end and while we endure what some may deem the normal hand to hand political combat of another Presidential campaign, I hope this 4-minute video might be able to provide some semblance of perspective. (more…)
HR 757: “We the People” for Real Investor Protection
Posted by Larry Doyle on July 31st, 2012 10:06 AM |
In the same spirit as that which inspired those who signed our Declaration of Independence, I welcome attaching my name to the following proclamation in support of HR 757 for real investor protection. What makes the proclamation highlighted below so special? It is truly a grass roots effort. As noted attorney Helen Davis Chaitmain asserted:
People are contributing money for these ads in order to educate the electorate that our representatives (and the SEC) have forgotten that they represent the people. They have allowed Wall Street (“SIPC”) to renege on its statutory obligation to insure each brokerage account up to $500,000. Why would any honest hard-working American vote for someone who doesn’t support this bill?”
The Classic Wisdom of Ray Dalio
Posted by Larry Doyle on May 29th, 2012 5:22 AM |
I somehow overlooked a recent interview in Barron’s with Bridgewater’s Ray Dalio. Having sung his praises more than a few times over the last few years (link here), Dalio once again does not disappoint.
Can a deleveraging process be “beautiful?” Are there strong comparisons between Europe today and the birth of our democracy back in the late 1700′s? What lies ahead for world economies? Might we see more quantitative easing? How long might all this last?
Folks, this interview is a little lengthy but Dalio touches all the bases. If you have any interest whatosever in our global economy and markets, then find the few minutes to absorb the wisdom of Ray Dalio. This “classic sense on cents” is a MUST read . . . (more…)
Student Loan Crisis: Why So Many Colleges May Fail?
Posted by Larry Doyle on May 19th, 2012 7:21 AM |
“We know the model is not sustainable,” said Lawrence T. Lesick, vice president for enrollment management at Ohio Northern University. “Schools are going to have to show the value proposition. Those that don’t aren’t going to be around.”
(The New York Times; May 14, 2012)
Very few topics have received as much attention here at Sense on Cents as the student loan crisis.
In my opinion, the size, scope, and impact of this problem is an enormous anchor weighing down our next generation and our nation’s economy.
Make no mistake, this anchor is not only impacting thousands of students and families but is also having an equally burdensome impact on colleges and universities nationwide.
I choose my words carefully here. The other day I entitled my commentary, Student Debt Bubble: Impending Doom for Colleges.
Doom is a strong word. Why did I choose it? Let’s navigate. (more…)
UPDATE: Naked Short Selling, “Wall St. Conspiracy?”
Posted by Larry Doyle on May 16th, 2012 4:34 AM |
How many people in America today are questioning the very integrity of our markets?
More than we can measure.
Regrettably, there has been strong evidence of practices in selected corners of Wall Street which have violated the trust of investors, betrayed any semblance of fair dealing, and destroyed the development of otherwise viable businesses and companies.
Specifically a month ago, I introduced readers to the artifice of naked short selling in promoting a documentary, “The Wall Street Conspiracy.”
Yesterday, Bloomberg dropped a bombshell on this practice in reporting . . . . . (more…)
SEC Outside Investigator Should Also Look Into. . . Recommended
Posted by Larry Doyle on May 8th, 2012 9:59 AM |
Perhaps it is only fitting that my 2000th post since launching Sense on Cents in January 2009 is directed at issues within our nation’s top financial cops at the SEC.
How interesting that a report is released today indicating that the SEC is bringing in an outside investigator to probe allegations of inappropriate activities within the Office of Inspector General during the tenure of the recently departed IG David Kotz. (more…)
Attention: All Investment Advisers and Investors…
Posted by Larry Doyle on May 3rd, 2012 7:29 AM |
The financial regulatory landscape is poised to change and, as far as I am concerned, not necessarily for the better.
Will you be merely a spectator or do you care to participate in the legislative process that WILL impact most of you? Are you an investment adviser? Are you an investor with funds managed by an investment adviser?
If you fall into either of those camps, I exhort you to get involved. I encourage you to become part of the process and the solution and not merely a bystander. How so? Let’s navigate. (more…)
Please Sign Petition re: Peter Sivere – George Demos
Posted by Larry Doyle on March 8th, 2012 10:10 AM |
Aside from my hope that readers would care enough to share my writing and passion for the Sense on Cents virtues of truth, transparency, and integrity I do not believe I ask for much if anything from those who come here.
Well, today I am asking.
How might you help?
More than you may ever fully know or appreciate. (more…)
