The Cody Word
  • January 27, 2009 06:00 PM EST by Cody Willard

    The Big 3: Many Dividends Won’t Be Paid, We Made a Difference, and Stop the Stimulus Package!

    1. Many Dividends Won’t Be Paid

    2. We Made a Difference

    3. Stop the Stimulus Package!

    1. In the last five work days, seven S&P 500 companies cut $12 billion out of dividend payments. There’s a hundred billion in dividend cuts to come this year, so when people tell you that stocks are cheap based on historical dividend yields, you gotta ignore them because those dividends are illusory.

    2. Yesterday, we shined a light on Citigroup wanting to invest $50 million of welfare money in a French-built luxury jet. Today they reversed course and are, in their typical slimy fraudulent ways, pretending that this purchase and the outrage surrounding it are all just one big misunderstanding. It’s not and you and I made a difference by speaking up.

    3. Indeed, the Stimulus Package, or as the socialist republicans and democrats in power call it, “The John Galt American Recovery and Reinvestment Tax Act of 2009” isn’t passed yet and we can still speak up about it. Don't let them confiscate another $800 billion of private wealth and burden us/our children with yet more debt. We started a Group on SpokeUp.com dedicated to stopping this bill. Let’s be heard…again!

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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