2006 May 31 | Capital Flow Watch

When I was young, I worked for years in 3rd world countries, so I'm ready for the New America that Obama is creating. #tcot >>
Inflation is a sure way for gov't to repay trillions in debt. It's also a sure way to destroy the dollar & gain 3rd world status. #tcot >>
Two years ago, it seemed extreme to call Obama a socialist. Now, its just a polite way of saying Marxist. #tcot >>
Coming soon: The great sucking sound of capital leaving the US, fleeing the mad, Marxist in the WH. #tcot >>
Progressives now promoting inflation to boost economy http://capital-flow-watch.net/e8k Yeah, that worked well for Mugabe. #tcot >>

US Stocks

Sarbanes-Oxley and the shortage of equities

By John Schroy, on May 31st, 2006 |

The Sarbanes-Oxley Act of 2002, by discouraging companies to go public, will exacerbate the shortage of equities, with a negative effect on the US stock market, although this was not the intent of its authors. Poorly drafted, ill-conceived, and unfair this law does little to protect investors.

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