Bapcha's Stocks.

If You’re Going to Buy a House, Do it Now

Posted on November 4th, 2009 in $8000, Congress, GS, Goldman-Sachs, Housing, Nov 30 2009, Obama, Tax-credit $8000, Congress, Goldman-Sachs, GS, Housing, Nov 30 2009, Obama, Tax-credit

It looks like the U.S. housing sector has bottomed. In fact, if you’ve been thinking about buying a house, this may be the time to make your move. Congress and the Obama administration are considering whether to extend the $8,000 first-time-buyer tax credit for another year from Nov. 30, 2009 – when it expires. With cheap money, housing may show strength in the short term, just as we’ve seen with other assets. But there is the potential for a market hiccup next year or in 2011.

Here’s Why the U.S.-China Tire Tiff Lead to Great Depression II

Posted on September 22nd, 2009 in China, Colombia, Duty, G20, ITC, International Trade Commission, NAFTA, Obama, Tires, Trade, USA, WTO, World Trade Organization China, Colombia, Duty, G20, International Trade Commission, ITC, NAFTA, Obama, Tires, Trade, USA, World Trade Organization, WTO

When U.S. President Barack Obama late Friday (Sept. 11) signed an order that imposed an additional duty of 35% on tires imported from China, it set up the potential for an old-fashioned trade war.

Currently, global trade is down only 20%. During normal times, worldwide commerce would recover on its own. But as most investors understand all too well, these aren’t normal times.

Global trade fell by 35% after last September’s financial crash. And it plunged 65% between 1929 and 1932 as a result of the Great Depression. With the worldwide economy already in a weakened state, a bare-fisted trade war between the world’s two most important trading partners – the United States and China – would be devastating.

Obama’s brilliant pitch in the selling of Nationalized Health Care.

Posted on July 24th, 2009 in Harry & Louise, Insurance Companies, NHS, Obama, Pharmaceutical Companies, Pharmas, Trillion dollar question, US, United States Harry & Louise, Insurance Companies, NHS, Obama, Pharmaceutical Companies, Pharmas, Trillion dollar question, United States, US

Obama’s approach to the selling of Nationalized Health Care has been radically different from the approach used by the Clintons. In fact, I think it is brilliant. Hillary & Co. picked on the pharmaceutical companies – which lashed back with a campaign of their own [and won]. The villain this time around are the insurance companies………

Will Week of Controversy Undermine Financial System Overhaul That Calls for Broad Expansion of Central Bank’s Power?

Posted on June 29th, 2009 in Apple, BAC, Bed Bath & Beyond, Ben Bernanke, Bernanke, Bloomberg, Boeing, BofA, Congress, Federal Reserve, Merrill, Merrill Lynch, Obama, Oracle, Sinopec, US Congress Apple, BAC, Bed Bath & Beyond, Ben Bernanke, Bernanke, Bloomberg, Boeing, BofA, Congress, Federal Reserve, Merrill, Merrill Lynch, Obama, Oracle, Sinopec, US Congress

Documents brought to light by key by congressional investigators hightlight real disagreement between top-level U.S. Federal Reserve officials about how it should address the Bank of America Corp.(NYSE: BAC) acquisition of Merrill Lynch & Co. Inc. are almost certain to fuel the ongoing congressional debate over the central bank’s push to expand its authority over the U.S. financial system.

Obama’s Financial System Overhaul Would Give the Fed Broad Powers Over Wall Street

Posted on June 22nd, 2009 in Dollar, Federal Reserve, Obama, Reserve Currencies, US Dollar Dollar, Federal Reserve, Obama, Reserve Currencies, US Dollar

U.S. President Barack Obama took a swipe at Wall Street yesterday (Wednesday) as he unveiled a sweeping 85-page proposal to reinvigorate government regulation of the U.S. financial markets by giving the Federal Reserve new powers to supervise the economy.