Government Buybacks

(1) Two flawed characters in search of the Oval Office. (2) Conservatives and liberals: principles vs. practices. (3) Summers and Yellen floating same trial balloon about Fed buying equities. (4) Summers concedes that Fed equity purchases seems like socialism. (5) It’s certainly not capitalism. (6) S&P 500 companies continue to buy back their shares with excess cash. (7) What else can cash-rich corporations do with it? (8) Buybacks plus dividends exceed profits, but ample cash flow is financing capital spending.