The disconnect between what strategists say to the public and what they do

CNBC’s Gary Kaminsky alerts viewers to what he sees as a disturbing disconnect today between what strategists are saying and what they are doing. He warns this is similar to what he saw at previous market peaks like 2000 and 2007. Here is a direct link.

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Venture captialist explains why higher tax rates are part of solution

Henry Ford understood that in order to have customers for his cars, his workers needed to be able to afford them. Multimillionaire Garrett Gruener, Ask.com founder, explains why he believes tax levels should be raised on wealthy Americans. “Inequality is a bigger impediment to American growth than marginal tax rates.”

Here is a direct link.

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House investigation finds Corzine cuplable in MF Global collapse

The House financial services oversight committee has come in with its full report on the MF Global collapse and pins unequivocal blame on then CEO Jon Corzine as well as regulators and rating agencies. Charges are now needed to follow through in restoring the rule of law to the land of finance. Here is a direct link.

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