about this blog
- Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company.
He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."
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Joe
" well, Joe Sixpack is going to be in a soup line" Sheesh, I'm not crazy about soup (except maybe cold barley soup), www.JoeSixPack.me
AlmostThere
I hope humanity makes it past the unnecessary divide on nationalism, I mean, race, gender, socio-economic ? do we REALLY need any more France jokes ? Once people have an 'image' of humanity to meditate on, reach for, build for, live for ? And isn't it the species that moves on ? I mean ? isn't THAT ? PROBABLY? closer to eternal life ? (remember species is dynamic and changes, which really makes it simply life) Once people have that - they have it through the internet, global media share, TWO ways, text for the left brain, image and video for the right, and auditory ? They have it these very DAYS economically ? I think they'll start to seek it politically. I just look for trends, higher the viewpoint the better, until of course, you go so far out, you're having to use a new model (e.g. zoom out from the earth, and far enough, you'll go, oh, I see, there is this formal system of a galaxy I see now, that I had no idea we were totally part of). Trend I see is feudalism replaced nationalism, I see globalism replacing nationalism. This solves TWO big nasties for the kids Nuclear weapons are of NO use without nation states to use them against each other, as there is no 'other', second, terrorism just disappears, no more nation state ? no more big red X, and no more selling fear to get that 5 year mortgage you just knew you'd never be able to afford, and thanks to fearing the world was ending as promoted ? You took the mortgage and - well Good things come out of bad. Breaking the financial system in the US is critical and necessary to progress fully to globalism, because the nation state of the US can't decouple until the global economy is finalized. So, THERE is the bright side to the sub prime mess. It's going to bring about a more unified global economy, and nationalism THIS time will follow I think to match on progressing to globalism. Humanity is ready to see itself isn't it ? Now, just imagine how useless all that time was spent on red and blue, even purple, really, to talk about purple ? you're INVITING RED AND BLUE to the party, as secondary colors are not atomic, merely the presence of two or more primaries. Just imagine instead of dividing ? we united. Hmm.. The Divided States of America that's where I live right now. I'm not looking to see it united, I'm reaching for the BIG prize We need to defuse use of nuclear weapons, NOT by deterrence - that's for people UNDER 157 IQ. We need to move on from nationalism, that removes nuclear weapons AND terrorists. In time, we'll have what we'll have eh ? And all we can say to that complacency is - could it have been any other way when we look in the mirror collectively as humanity ?
AlmostThere
For many ? Through inherited culture? This world IS the afterlife release program, only stepping stone to the next. Personally, I'd say that such a person is psychotic, that is, a danger to self and others. Question is ? how do we civilly change that ? My best offering is education, more avenues to education. Where I live ? You'd be SHOCKED, many locals here view the 'University' as a threat, a place where - oh, I'll spare the readers. That's one reality, another reality is - I had some neighbors ? Had some guests over ? they didn't know how to read, had never heard of a web browser, these people were 25 and up. They are locked out of ever moving forward, unless education is rampant. Best path for the US before nationalism erodes to the global economy and global media share (the internet) we ALL know has revealed, nationalism as a stepping stone is no longer needed ? But before that ? I'd say if jobs is the most critical aspect to an economy of a nation state ? we need AGGRESSIVE education access - and promotion to those that would never seek it. We don't need the military recruiters out there, we need University recruiters ! Odd, such a position doesn't exist unless it's for football or sports at a Univ. RARELY academic. and the kind of academic recruiter I'm talking about doesn't seek the 150 IQ'ers or 1400 on SAT'ers, I want to see them seek those who can't read. If language is critical for a society ? then society should place #1 priority on language skills. Without communication ? the media show's over.
AlmostThere
Yeah, I want to support someone who discounts THIS world for the next imaginary world where like in a Grimm's fairy tales, they'll be kind on streets paved of gold ? My god - how SHALLOW are some people ? You know ? If someone - christian OR islam promoted this world is 'not real' and the 'next world' is the real deal ? Good, fine, they should have no problem MOVING ON to the next world. Let's call it the involuntary afterlife release program.
AlmostThere
Just as a failed thinking system reveals IRA and 401k's being cut in half ? I imagine a failed thinking system regarding the 'after life' retirement can be cut in 1/2 too - as we test models geared to eternity through mortal eyes. In fact, I'd say - if you can't count on your IRA or 401k ? Gee, better think twice about that Afterlife Bonus points spending program you're counting on from ole Jeebs.
AlmostThere
Not sure if this posted before. Posting again in case it didn't. To post from Halifax: "I think we need breathing room to avoid eggshells when it comes to race..." Halifax, While I have respect for humanity as a non-existing atomic whole ? that is, I USED to say - the Genome, that unites us. Until some lacky Stanford Bio-geneticist points out that oh now, each person is a unique abstraction of the genome. There IS no genome in other words. Gee, what ELSE is there 'no X' of ? Anyway - as to racism, genderism, or let's face it - we use socio-economic too (often blended in the White Trailor trash line) I often just make it Trailor Trash, but all in all ? Race, Gender OR Economic stigmas we seek, it's ALL the same thinking system. so, THAT said, I think the only hope is to understand that thinking system and try and understand the roots. If you ask me ? I hold - in the US ? Christianity responsible. Einstein had a line more or less "OF COURSE Humans would claim the species top dog" Ok, maybe I shouldn't use 'dog' there to represent top 'human' through in the typo of god from dog, and that my point here is that once a culture says they are ABOVE or DIVINE ? Well now, OTHER cultures - Native Americans etc, derived their identity through a harmonious - less Focaultian hierarchy - and in turn I think we DO need to be humbled by a bear attack every now and then. Point here is, as I saw it when I came up with this idea, and as I see it now ? Once you say all other life forms are inferior ? Well - NEXT step is ? Who do you compare to ? Once humanity loses it's WELL established place in the web of life ? It ONLY has within to turn to discern it's identity. Alas, Race, you bet, Gender you bet, let's even examine Sports here ! so, I think culturally - we really should NOT be surprised or not play 'eggshell politeness' here - and just flat out say: Until we learn to respect life ? hey, you don't need a 101 Logic class to deduce, you're going to disrespect it, and that's not to you Cody. I was just throwing in my two cents here. Other words, actually ? out of writing this ? I'm tempted to say - NO one can REALLY be a racist or genderist ? for ALL of it is downstream from a large canopy drawn by the culture that says - Human's are divide, UNLIKE the other life here. Well now, that places us all alone now doesn't it - all alone to divide amongst ourselves. Ugh! Anyway - I come out of this insight with it's really in error to call anyone a racist or genderist, what is REALLY the cause is the belief that humanity CAN be divided. Last I checked in Greek, Christos (and don't get me wrong, I'm not a registered believer !) ,the IDEA was to present a model (I take it PAST species myself, to all life- that's MY eternal life I invest into, and I'm damn happy to witness it for 80 revolutions around the sun, in fact, the MORE I seek an integrative identity ? the MORE literally- I'm part of life that does go on, not some cheapened personalized afterlife plan - MY afterlife spending points I earned e.g. Those people scare me - selfish indeed, phony - probably never looked to see Religare or Religere means Unite, NOT divide) that LEVELLED - oh my. It JUST hit me, the Christos is ONLY necessary if you've already said humans are divine ! ah ha - that's the real problem then. In fact, looks like the church came up with a fix it model of the christos to fix what they messed up with the humanism in early orthodox christianity - Wow- they made a mess, then cleaned it up, and said 'now Buy this product, look how good it is' Yikes, I've never reduced christianity (note the lower case c) to a travelling vacuum saleman - where they dump crap out, then clean it and leave you thinking, wow - they helped me out - NO, they dumped crap on your floor and then made you THINK they were doing you a favor. I read the Nag Hammadi OFTEN - and you know ? MOST of the messages from Jesus in Gospel of Thomas etc? state everything you need is within, they are VERY anti-church... Gee, wonder why the Gospel of Thomas was left out ? Just imagine what was left out of the US consitution after the printers office - ha ha.. jk I DO like that early Simpson's show -probably #20 or so, Burns and Smithers are in Burn's basement "Here sir, here is your original copy of the US Constitution before they took the word suckers out" Bottom line from this ? I'd argue 1/2 a days pay - and that's about what you folks probably spend on coffee and dinner ? That if you are a racist or genderist ? you're a christian. Or anyone who subscribes humans are divine. Why ? Because, once you don't have any other PEER life forms ? you ONLY have within to divide, on arbitrary useless issues - I'd think the obvious ones for the undereducated who don't understand this point would be - Shape - Color -(all across the board, no one is right, because the problem is encompassing ALL people) Size - Weight Gee if I go on, looks like people who are overweight get it from all sides. Probably is a bonus to check out early. I'd say a black, obese, hermaphrodite believer in Islam would probably just leave Sean Hannity with so much hate or confusion ? he might just never say another word. Then again, I've chatted with folks on the upper brow of academics on Islam and hermaphrodites, Harvard Divinity School - seems Islam has a line in there that if you're a hermaphrodite (aren't we ALL to some degree if you include temporal staging into growth past conception?) you're not welcome in the Islamic afterlife. I suppose the same will exist with humans who have Cow Heart parts used (and we do this) for heart surgery - gee, part animal ? Guess St. Peter will be there asking "Now, only got one kweeestyun for ya, you don't got no bovine parts in your heart do ya ? " Oh well - We'll make it or we won't - I'm on the pro HUMANITY side - If life does go on forever ? you know what would be a real hell ? is to realize at death that oh my - I've lived my life 'apart' as if I was collecting afterlife bonus points for myself. Where did this Heaven based IRA come from ? It robs humanity of it's potential. Life does go on forever, integrate, be a part or call anything else probably the closest to hell you could ever get to. Which would be, to be (for 80 years) and then not to be forever. Sheesh, what do people think EATING is, whatever you ate - was alive. We're FAR more integrated than we admit - from Diet to culture - Even language binds, you can have two people arguing at a bar, maybe even physical outbreak, and you know ? two two parties don't even realize that they ARE agreeing on what their words mean, and they ARE giving each other that much.
ICouldBeWrongHere
To post from Halifax: "I think we need breathing room to avoid eggshells when it comes to race..." Halifax, While I have respect for humanity as a non-existing atomic whole ? that is, I USED to say - the Genome, that unites us. Until some lacky Stanford Bio-geneticist points out that oh now, each person is a unique abstraction of the genome. There IS no genome in other words. Gee, what ELSE is there 'no X' of ? Anyway - as to racism, genderism, or let's face it - we use socio-economic too (often blended in the White Trailor trash line) I often just make it Trailor Trash, but all in all ? Race, Gender OR Economic stigmas we seek, it's ALL the same thinking system. so, THAT said, I think the only hope is to understand that thinking system and try and understand the roots. If you ask me ? I hold - in the US ? Christianity responsible. Einstein had a line more or less "OF COURSE Humans would claim the species top dog" Ok, maybe I shouldn't use 'dog' there to represent top 'human' through in the typo of god from dog, and that my point here is that once a culture says they are ABOVE or DIVINE ? Well now, OTHER cultures - Native Americans etc, derived their identity through a harmonious - less Focaultian hierarchy - and in turn I think we DO need to be humbled by a bear attack every now and then. Point here is, as I saw it when I came up with this idea, and as I see it now ? Once you say all other life forms are inferior ? Well - NEXT step is ? Who do you compare to ? Once humanity loses it's WELL established place in the web of life ? It ONLY has within to turn to discern it's identity. Alas, Race, you bet, Gender you bet, let's even examine Sports here ! so, I think culturally - we really should NOT be surprised or not play 'eggshell politeness' here - and just flat out say: Until we learn to respect life ? hey, you don't need a 101 Logic class to deduce, you're going to disrespect it, and that's not to you Cody. I was just throwing in my two cents here. Other words, actually ? out of writing this ? I'm tempted to say - NO one can REALLY be a racist or genderist ? for ALL of it is downstream from a large canopy drawn by the culture that says - Human's are divide, UNLIKE the other life here. Well now, that places us all alone now doesn't it - all alone to divide amongst ourselves. Ugh! Anyway - I come out of this insight with it's really in error to call anyone a racist or genderist, what is REALLY the cause is the belief that humanity CAN be divided. Last I checked in Greek, Christos (and don't get me wrong, I'm not a registered believer !) ,the IDEA was to present a model (I take it PAST species myself, to all life- that's MY eternal life I invest into, and I'm damn happy to witness it for 80 revolutions around the sun, in fact, the MORE I seek an integrative identity ? the MORE literally- I'm part of life that does go on, not some cheapened personalized afterlife plan - MY afterlife spending points I earned e.g. Those people scare me - selfish indeed, phony - probably never looked to see Religare or Religere means Unite, NOT divide) that LEVELLED - oh my. It JUST hit me, the Christos is ONLY necessary if you've already said humans are divine ! ah ha - that's the real problem then. In fact, looks like the church came up with a fix it model of the christos to fix what they messed up with the humanism in early orthodox christianity - Wow- they made a mess, then cleaned it up, and said 'now Buy this product, look how good it is' Yikes, I've never reduced christianity (note the lower case c) to a travelling vacuum saleman - where they dump crap out, then clean it and leave you thinking, wow - they helped me out - NO, they dumped crap on your floor and then made you THINK they were doing you a favor. I read the Nag Hammadi OFTEN - and you know ? MOST of the messages from Jesus in Gospel of Thomas etc? state everything you need is within, they are VERY anti-church... Gee, wonder why the Gospel of Thomas was left out ? Just imagine what was left out of the US consitution after the printers office - ha ha.. jk I DO like that early Simpson's show -probably #20 or so, Burns and Smithers are in Burn's basement "Here sir, here is your original copy of the US Constitution before they took the word suckers out" Bottom line from this ? I'd argue 1/2 a days pay - and that's about what you folks probably spend on coffee and dinner ? That if you are a racist or genderist ? you're a christian. Or anyone who subscribes humans are divine. Why ? Because, once you don't have any other PEER life forms ? you ONLY have within to divide, on arbitrary useless issues - I'd think the obvious ones for the undereducated who don't understand this point would be - Shape - Color -(all across the board, no one is right, because the problem is encompassing ALL people) Size - Weight Gee if I go on, looks like people who are overweight get it from all sides. Probably is a bonus to check out early. I'd say a black, obese, hermaphrodite believer in Islam would probably just leave Sean Hannity with so much hate or confusion ? he might just never say another word. Then again, I've chatted with folks on the upper brow of academics on Islam and hermaphrodites, Harvard Divinity School - seems Islam has a line in there that if you're a hermaphrodite (aren't we ALL to some degree if you include temporal staging into growth past conception?) you're not welcome in the Islamic afterlife. I suppose the same will exist with humans who have Cow Heart parts used (and we do this) for heart surgery - gee, part animal ? Guess St. Peter will be there asking "Now, only got one kweeestyun for ya, you don't got no bovine parts in your heart do ya ? " Oh well - We'll make it or we won't - I'm on the pro HUMANITY side - If life does go on forever ? you know what would be a real hell ? is to realize at death that oh my - I've lived my life 'apart' as if I was collecting afterlife bonus points for myself. Where did this Heaven based IRA come from ? It robs humanity of it's potential. Life does go on forever, integrate, be a part or call anything else probably the closest to hell you could ever get to. Which would be, to be (for 80 years) and then not to be forever. Sheesh, what do people think EATING is, whatever you ate - was alive. We're FAR more integrated than we admit - from Diet to culture - Even language binds, you can have two people arguing at a bar, maybe even physical outbreak, and you know ? two two parties don't even realize that they ARE agreeing on what their words mean, and they ARE giving each other that much.
Scotty
All this bailing out makes me really analyze my upbringing. Maybe my parents steered me in the wrong direction. I'm really serious. Maybe my dad didn't have the vision to realize that morality would be on the losing end in this modern world. This is a valid argument. Irresponsible immoral behavior wins in society in manner cases now, especially financially, really. Do we parent different? If you were to explain this situation to your kids, I mean really, how would you do it? How would you justify the recent bailouts? Does this alter the way we raise our kids if we want them to win at life? Everyone gets bailed out now, this has social consequences that far extend the current dollars. Socialism may be the only way after this move. Immoral Wall Street guys can't lose and look at their quality of life, it's awesome. Life without risk of failure is pretty comfortable.
Ralph Harrison
The term SDR was mentioned on the Cavuto show tonight in reference to the coming global monetary meeting on November 15. SDR's are Special Drawing Rights and are promoted by the IMF which doesn't have a good reputation. I would like some comment from you, Cody, and to what these are and from anyone on this blog.
Halifax
Cody, I'm disappointed to hear you use the tired "rich white guys" formula in your rant. Would you feel better if they were "black gals," or "aboriginal gays," or any other combination of race and gender of which one could conceive? Please don't let trite racism creep into your blog, even if it is the sort that's accepted these days. It's unworthy of your dignity. Respectfully, James
ICouldBeWrongHere
When the FDA comes to visit these US corporations with outfits in China ? the stories are amazing "we tried that island, it wasn't on it" FDA can't find a black hole if it was jacked up with lead.
ICouldBeWrongHere
Cody you DO realize Pfizer makes Benadryl - as well was found guilty in the bad batches ? Guess who ELSE is in China... making SUB PRIME pharmaceuticals that your stocks profit rides on Roche Baxter Bayer - I had to PAY out the WAZOO to get the US pharm companies list in China. it goes on. I wouldn't trust ANYTHING from Pfizer if my life depended on it. Unless you can tag where it came from ? Forget money Pfizer in China is going to screw more people over than not. health wise.
Ralph Harrison
A Capitalist, you must be suffering from wishful thinking. Liberty and freedom as a political policy has to come from a third choice. That choice is building ever so slowly through Ron Paul and his Campaign for Liberty, however we probably need an economic crisis to move it forward in a manner satisfactory to most readers of this blog. The odds of this are getting better with every intervention and Obama is promising several more. 6500 on the Dow looks like a reasonable target. Let's just hope the crisis produces liberty not a command society. It will up to us to make the choice.
6ftrabbit
In the history of gov't (including tribal), going back several thousand years, there has never been a case of a gov't voluntarily getting smaller and/or less intrusive. Just getting married instantly doubles the size of the "Family Gov't". What does that tell you?
B Scott
You are exactly right, these politicians are all the same, good cop/bad cop, they both work for the same bosses,have the same agenda,and see the masses as simply a bunch of Joes.
A Capitalist
I don't mind if various sports stars make that kind of money as long as it is not subsidized by public funds (tax dollars), i.e. building a new stadium, or funneling money indirectly to the owners through preferred monopoly status or some other means. Of course it's the same status quo. It's big government and I fear it's going to be self-perpetuating. Democrat policy = Big Government to help the little guy at the expense of the producer. Republican policy = Big Government to help the corporation (Wall Street Bailout) at the expense of the little guy. Neither scenario is good. The public has tried big gov't republican style and didn't like it. Now the public is going to try big gov't democrat style, and I'll guess they won't like it. I just hope that after trying both and both failing abysmally, the public will figure out that they have more than just 2 choices, or that 1 of the 2 parties will change their policies to limited gov't.
Bill RUTH
Would like to know what Paulson and Company is doing having meetings discussing Sharia finance being introduced into the U.S. Banking system and throughout the WaLL Street World?? This is looking like American people fighting a cowardice U.S. government sleeping with the enemy. The future for Americans sounds more like "WON"T GET FOOLED AGAIN!!" The Who...
The J
Considering even most of the best football players are done with their career when they hit 30, some may make it to 35 bouncing from team to team or in very rare cases like Brett Favre make it almost to 40. Thats a pretty short window to make a lifetimes worth. The contracts are a bit out of control but these guys are at signicant risk of their career ending due t injury, without a lot of guarenteed money. Football is also the most popular and biggest revenue earner. I think salaries in baseball and basketball should be scrutinized before football. You are right on Obama and McCain, it doesnt matter. its either more of the same or slightly different more of the same. Obama's cabinent is already starting to look familiar. Obama said he wats to make radical changes, his over reaching is going to create some opportunity, just have to kep your eyes open. Cody what do you think, bottom at 7,500?