In response to:

A Vulture Capitalist Cashes in on Failure

ericynot Wrote: Mar 16, 2013 4:23 PM
inkling, you seem to picture me as a socialist tool. I'm not. I have a business degree. I've started and run multiple small businesses. I've had careers in medicine, software, retail, and industrial construction, in addition to the stock trading and investing I now do. I support free enterprise. I also know that in the absence of regulation, short-sighted and/or dishonest people will blow up the system. For instance, it's probably not a good idea for financial institutions to be trading their own accounts. Corzine's MF Global did (much of it in European countries' junk bonds), and when that went bad, they looted their customers' accounts to try to save themselves. Their customers will never again see that money. Yes, we need regulation.

A word to my friends in Washington: As you contemplate all the whiz-bang things that you’re going to do with your new-found tax dollars, please consider an important lesson found in biology.

If you want to successfully feed off the lives of others, don’t kill the host.

Obama may imagine that we don’t have a spending problem, but DC can only rake off so much before we implode.  

Parasites that want to survive, adapt to this truth.  

I was reminded of this as I looked through companies that might struggle in 2013.

According to Professor...