Tuesday 26 July 2011

Dan Loeb Blasts Obama's Leadership In Second Quarter Investor Letter

US taxes need adjustment and more targeting of subsidised interests who don't need subsidies. Suppose America were to withdraw the interest subsidy on mortgages?

Obama! Well, perhaps one has to redefine leadership to include making choices that don't continue business as usual. President Obama leads in a very different way from Bush in that he asks people to consider Americans first, and not the profit margin.

Investors have a habit of migrating their money to places like China.

Had Bush been less keen to push forward a political agenda that really divided the rich from the poor, we / the world would not be in such a mess! If it's the blame game then look to past leadership!

http://www.businessinsider.com/dan-loeb-second-quarter-letter-obama-fiddling-away-while-washington-burns-2011-7?utm_source=Triggermail&utm_medium=email&utm_term=Clusterstock%20Select&utm_campaign=Clusterstock_Select_072611

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