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	<title>Comments for Financial Watch</title>
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	<link>http://www.financial-watch.com</link>
	<description>Coverage of World Markets and Financial Trends</description>
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		<title>Comment on Obama says US economy doomed without finance reform by Norris Hall</title>
		<link>http://www.financial-watch.com/obama-says-us-economy-doomed-without-finance-reform.html/comment-page-1#comment-49</link>
		<dc:creator>Norris Hall</dc:creator>
		<pubDate>Thu, 22 Apr 2010 14:27:59 +0000</pubDate>
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		<description>Wall Street doesn’t like financial reform. They think that they can just make up the rules as they go along…sort of like playing a backyard basketball game without rules and without a referee.
You can certainly play a fun game in your backyard without a lot of regulation

but you can’t play NBA basketball without everyone following the rules and without referees calling the fouls.

Wall Street’s collapse in the economic crisis and its eventual bailout by US taxpayers says loud and clear….They can’t manage their own affairs.

The financial meltdown is exhibit number one that Wall Street needs a shock collar around their necks</description>
		<content:encoded><![CDATA[<p>Wall Street doesn’t like financial reform. They think that they can just make up the rules as they go along…sort of like playing a backyard basketball game without rules and without a referee.<br />
You can certainly play a fun game in your backyard without a lot of regulation</p>
<p>but you can’t play NBA basketball without everyone following the rules and without referees calling the fouls.</p>
<p>Wall Street’s collapse in the economic crisis and its eventual bailout by US taxpayers says loud and clear….They can’t manage their own affairs.</p>
<p>The financial meltdown is exhibit number one that Wall Street needs a shock collar around their necks</p>
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		<title>Comment on Employment Data Puts Bernanke in Difficult Position by Jim Pilliod</title>
		<link>http://www.financial-watch.com/employment-data-puts-bernanke-in-difficult-position.html/comment-page-1#comment-2</link>
		<dc:creator>Jim Pilliod</dc:creator>
		<pubDate>Mon, 15 Jan 2007 15:17:28 +0000</pubDate>
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		<description>Thank you Michael Fitzpatrick, Chief Strategist for Financial Watch for making your work available through this blog. Usually economic forecasting and analysis is limited to either economic statistics, or stock market analysis, but rarely both. Your work ties the two together in a way that even I can understand. In particular, I appreciated your thoughts on the Financial Services industry and the potential for growth in 2006. And I notice that your Fin Svc. stocks are among those you have identified as most desirable to hold for 2006. It is my humble opinion that the Financial Services sector will be one of the better performing (perhaps best performing) for 2006. Having read about your background in this sector, it would be much appreciated if you could continue to frequently share your analysis of this sector. Most interesting at this time is the flatening of the yield curve, and whether it presages an economic slowdown, or as the new Fed Chairman Bernanke suggests, is a non issue. Either way, the Financial Services sector is one of those most directly affected by the shape of the yield curve, and again, your insight into the outlook for this sector would be most appreciated. Thanks again for making your work available in this manner.

Best Regards, Jim P.</description>
		<content:encoded><![CDATA[<p>Thank you Michael Fitzpatrick, Chief Strategist for Financial Watch for making your work available through this blog. Usually economic forecasting and analysis is limited to either economic statistics, or stock market analysis, but rarely both. Your work ties the two together in a way that even I can understand. In particular, I appreciated your thoughts on the Financial Services industry and the potential for growth in 2006. And I notice that your Fin Svc. stocks are among those you have identified as most desirable to hold for 2006. It is my humble opinion that the Financial Services sector will be one of the better performing (perhaps best performing) for 2006. Having read about your background in this sector, it would be much appreciated if you could continue to frequently share your analysis of this sector. Most interesting at this time is the flatening of the yield curve, and whether it presages an economic slowdown, or as the new Fed Chairman Bernanke suggests, is a non issue. Either way, the Financial Services sector is one of those most directly affected by the shape of the yield curve, and again, your insight into the outlook for this sector would be most appreciated. Thanks again for making your work available in this manner.</p>
<p>Best Regards, Jim P.</p>
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