Comments on Mark Wenzel's articles RSS Syndication from SeekingAlpha.com http://seekingalpha.com/author/mark-wenzel/articles http://seekingalpha.com/article/71265-the-credit-bubble-deregulation-gone-wild?source=feed#comment-415226 415226 Barney Frank, Chris Dodd and Chuck Schumer Looks like a Rush Limbaugh follower. CRA was not intended for "granting loans to those who had no ability", it was to prevent the redlining and discrimination of loans based on the neighborhood. Those of you who blame Fannie and Freddie / The new deal for the whole debacle should realize without Roosevelt the home ownership was 40%, most probably lisalisa47 would not have qualified for the loans. I dont understand why some people never acknowledge the fault in the system was not by one person & that the republicans are gods party. It is just FUD, some people like to live in it.]]> Thu, 05 Mar 2009 22:02:51 -0500 Barney Frank, Chris Dodd and Chuck Schumer

Looks like a Rush Limbaugh follower. CRA was not intended for "granting loans to those who had no ability", it was to prevent the redlining and discrimination of loans based on the neighborhood. Those of you who blame Fannie and Freddie / The new deal for the whole debacle should realize without Roosevelt the home ownership was 40%, most probably lisalisa47 would not have qualified for the loans.

I dont understand why some people never acknowledge the fault in the system was not by one person & that the republicans are gods party. It is just FUD, some people like to live in it.]]> http://seekingalpha.com/article/71265-the-credit-bubble-deregulation-gone-wild?source=feed#comment-285463 285463 Sun, 19 Oct 2008 01:20:33 -0400
Hmmm...I wouldn't believe any of his words, knowing some of his other, less-than-credible statements -- including one that he believes he is God. Uh-huh...right. The man belongs in a padded cell and a straight jacket.]]> http://seekingalpha.com/article/71265-the-credit-bubble-deregulation-gone-wild?source=feed#comment-285462 285462 Sun, 19 Oct 2008 01:14:43 -0400
The odds are that sadly, none of the people who were involved in the whole mortgage mess will be prosecuted. And yes, there were, are and always will be a double standard, because if this had all been initiated, and promoted by the Republican Party, you know darn well that they would have been indicted and convicted by a jury of their peers.]]> http://seekingalpha.com/article/71265-the-credit-bubble-deregulation-gone-wild?source=feed#comment-279221 279221 Fri, 10 Oct 2008 14:45:50 -0400 http://seekingalpha.com/article/71713-alan-greenspan-s-bosnia-moment?source=feed#comment-213981 213981 Fri, 25 Jul 2008 01:07:18 -0400 http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-150155 150155 Mon, 14 Apr 2008 01:24:08 -0400 or Nixon with his anti-inflation campaign?

I don't think its Dems vs. Republicans--I thinks its ideologues, vs pragmatists. Both parties have both types.

In my experience, ideologues do the most damage. Lets get away from slogans and loyalty to ideology, and toward rational, empirical, skeptical, and critical thinking. ]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-150135 150135 Mon, 14 Apr 2008 00:10:32 -0400
lasting prosperity should not be a national goal. it should be an international goal. for years, americans have spent their hard earned dollars trying to help poorer nations. we aided those who could not free themselves, who could not feed themselves and who could not protect themselves. most of the world has forgotten our efforts, but they were valid goals, because one nation under god, cannot be free, well fed and protected, while the rest of the world is not.

similarly, we have enjoyed the fruits of cheap labor from other countries for many years. it is time they enjoyed some of our goods and services at a more reasonable rate of exchange. why should our dollars be worth more when we have printed so many? the market will settle a value on the dollar that is equitable based on what we spend and have spent.

if our people have to work a little harder, it will be good for our soul. if we have to accept some charity from other nations, it might be good for theirs. they say that money always goes where it is most appreciated. when corporations invest everywhere, that is in the world's best interests. it's win-win, sbernard, not the dark ages.

let everyone work and everyone share fairly in the world's wealth according to their efforts. if we all act in moderation, instead of greedily, we can all give thanks. what is the nature of the world's discontent? they believe that we have everything and they have nothing. give them the opportunity to work and succeed. that's what everyone deserves.]]> http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-150106 150106 Sun, 13 Apr 2008 22:31:51 -0400
Every admin since has perpetuated the problem. Quite simply, ever and always, growing government is the culprit. And too many (way, way too many) Fat, Dumb & Happy Americans increasingly look to Daddy Government to hand them more.

This will all come to a miserable end because what's left of the Free Market will punish us. You simply can't handcuff Capitalism.

My question is - where the heck does one find safe haven in this coming calamity? Hard assets? A stash under the matress? Loan sharking? (oops that's already being done)

Any ideas?]]> http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-150069 150069 Sun, 13 Apr 2008 20:57:57 -0400 http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-150067 150067 Sun, 13 Apr 2008 20:51:27 -0400
Sounds like you think the solution to the world's problems is that we return to the dark ages where no one owns or buys anything. Serfdom, here we come!]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-150065 150065 Sun, 13 Apr 2008 20:49:31 -0400 http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-150006 150006 Sun, 13 Apr 2008 17:58:22 -0400
Question: Will the media reform and begin to truthfully investigate and question what is going on?

We have a leadership group which will live in history as having harmed our country (in so many ways) more than any external foe ever:

Bush, Cheney, Greenspan.]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-150005 150005 Sun, 13 Apr 2008 17:56:46 -0400 http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-149988 149988 Sun, 13 Apr 2008 17:25:06 -0400
Thx jegan ;-/]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149983 149983 Sun, 13 Apr 2008 17:16:10 -0400
I'll throw another old dog on the table too... "War is good for the economy"...

Thx jegan ;-) ]]> http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-149977 149977 Sun, 13 Apr 2008 17:01:29 -0400
But if your competitor gets away with it, you are a fool not to. That is why, unlike Mr Greenspan who blames the "investment community", I would lay the blame squarely on the government.

Eventually, it is the government which draws the line between what is permissible and what is not. If the govt goes on holiday, or on obtuse lecture tours, then eventually everyone will be forced to become a thief.]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149964 149964 Sun, 13 Apr 2008 16:43:01 -0400 http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149956 149956 Sun, 13 Apr 2008 16:26:08 -0400
There is always a silver lining ;) ... one day China will be building plants here since labor there was too expensive and the cheap Americans will do the work that Chinese won't do. Give it 25 years.]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149952 149952 Sun, 13 Apr 2008 16:22:05 -0400 http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149925 149925 Sun, 13 Apr 2008 15:37:42 -0400 http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-149913 149913 Sun, 13 Apr 2008 15:12:14 -0400 http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149827 149827 Sun, 13 Apr 2008 12:43:01 -0400 Now look at our polling percentages. Hardly 35 to 36% in non- presidential years, and about 55% in presidential years. If common man is not interested in polls, then he has to suffer, for which the blame falls on him squarely, and not on the government.
Every state in the US has peculiar local problems, different from other states. Unless there are regional parties in the states, the problems of that state will never be solved by Washington, which has its own priorities.
If the states are run by regional parties, then of course the national party at the center has to listen to regional governing parties, and then financial discipline will be observed automatically.
If people are lazy and not motivated to go to the polls, then they will suffer always, and should not regret their fate!
]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149805 149805 Sun, 13 Apr 2008 11:51:09 -0400 When the price of oil declines net imports will decline also recursively making the US Dollar stronger.



]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149797 149797 Sun, 13 Apr 2008 11:38:03 -0400
if the dollar devalues, we consume less. that is good, not bad. most of us do not need one quarter of the stuff we have.

if the dollar devalues, we consume less, our underground friends can give back some of the jobs they took. that is good, because americans were becoming a two class system, rich and poor. we need those manufacturing jobs to have a middle class.

if the dollar devalues, we will only travel to other countries as much as they travel to our country. we need to balance out our books with the world. personally, i'm waiting for the day when someone in india calls us for help with their computer.

i want to have a world where everyone is paid at least minimum wage, where they do not have to work 14 hour days, seven days a week, or sell their sister to get a meal.

america has been supersized for long enough, my friends. if you believe in capitalism, you should know that eventually the scales must be balanced and those people willing to work the hardest, who create the best, will still enjoy an improved standard of living. but, we have had an artificial edge on the rest of the world for a half century now.

what are the odds that america contained all the people who deserved an improved standard of life? when the curtain came down and true competition began, we had to come down some too, to meet the rest of the world half way.

now, it's up to our advertising machine to convince them that they cannot live without big screen tvs, computers, three bedroom houses, etc. don't be afraid of the rebalancing act. their are huge opportunities being created.

just consider, for a moment, the alternative. they could simply have waited a few more years and sounded the air raid sirens for their next meal.]]> http://seekingalpha.com/article/72050-back-to-1998-lessons-from-the-g7-then-and-now?source=feed#comment-149754 149754 Sun, 13 Apr 2008 10:36:13 -0400
America, you see, has lost its desire to care.]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149712 149712 Sun, 13 Apr 2008 09:22:30 -0400 its imported oil consumption.

The only way NOW the fuel can be rapidly replaced is by a massive effort to ramp up coal to liquid fuel production. The co2 issue is solvable using several technologies.
See TIPS + CANMET

We can not afford not to do this. If we do not
our way of life and economy will be ruined and we will not be able to afford convert to alternate energy sources .]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149699 149699 Sun, 13 Apr 2008 09:01:55 -0400 No matter what happens, deception, war, outrageous health costs,the gross devaluation of ordinary peoples wealth, - in the end we swallow it without a gulp - no one's ever held to account - there's no come'uppance.
A few worn out platitudes fom politicians , and a compliant press and here we go again. Hope? Change? -give me a break.

]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149695 149695 Sun, 13 Apr 2008 08:39:27 -0400 Federal Reserve Bank. Not wanting to alarm ordinary citizens, Congress changed the contract, but not the wording. Under the "actions speak louder than words metaphor", the constitution reads... government of the people, by the government, for the wealthiest.]]> http://seekingalpha.com/article/72061-fed-easing-no-free-lunch-for-dollar-oil-and-commodities?source=feed#comment-149685 149685 Sun, 13 Apr 2008 08:22:37 -0400 http://seekingalpha.com/article/71713-alan-greenspan-s-bosnia-moment?source=feed#comment-149359 149359 Sat, 12 Apr 2008 00:30:43 -0400
Agree the links between Goldman, JP morgan, the Fed, is pretty terrifying. Its like a 9 course meal for crooks.

later

John]]>