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CaptBob
198 Comments
10 Winning Stock Themes in an Obama Administration
Listen closely between the lines; This guy is very articulate but Socialist to the core.
Last time I looked they weren't selling shares, but the fastest growing business under Socialism, is Soup Kitchens & Shelters. And I'm not talking bomb shelters; But after his "talks" with those nice folks in Iran we'll need those too.
The Best Man for the Fed Chair Could Be a Woman
The first prerequisite would be working and living within a personal Budget based on that working income!!--no taxes or donations allowed!
Better yet Jack up the building like the radiator cap on a 58 Edsel and when everything falls out scrap it -(save the gold)--scrap the presses, and mint gold and silver Eagles. Of course they'd have to be smaller and thinner than dimes to reflect true value.
A few years of living on reality-(as our Forefathers wrote in the Constitution) might restore some fiscal clarity, if it was ever there in the genes to start with.
Challenge of the Day. can anyone point to a date and circumstances when the Fed performed in a manner that was a net benefit to the American citizenry?? **one caveat>>fiat money not allowed!!<<
Parsing Paulsonspeak
You don't know how relieved I am to read this from Paulson---
I'm so relieved they're out of the lineup for a taxpayer bailout!!
The Dollar's Decline: Taking Responsibility for the Future
Have you figured out how they earn the $10,000. before they can save it, if they can't afford to drive to work, no public trans. to far to bike and No medical insurance for winter walking???.
What's the matter with Sugar ethanol-(like Brazil)?? Are you all dentists?? and want more cavities?? or is it just "sour grapes" cause they beat us to something that works??.
Our Corn Farmers gave more to the campaign so of course they come first to the trough--Even though sugar is 5X more efficient and
doesn't take food off anyones table. As an aside there's a $.75 tariff on ethanol imports--wouldn't want any of that cheap stuff sneaking in taking profits out of our Corn Dogs pockets now would we??
The Dollar's Decline: Taking Responsibility for the Future
It's hard to tell who's ahead in the "Out of touch with the working public" race.
Why not raise the tax on gas to $5 a gal?- that would probably cut consumption and the Trade deficit attributable to it by 50%. Of course a lot of people would no longer be able to get to work, but who cares, look at all the revenue we'll get in taxes.
What he overlooks is -now unemployed--plus the price of gas-- they won't be able to go for their Walmarts "fix" which will result in Impoverishing China which now subsidizes the price of gasoline -(reducing the retail price)- encouraging millions more working comrades to buy cars and consume more gas. They seem to have it backwards???--Maybe a shortage of Economics Professors over there.
Of course there's a case to be made. That with fewer people working we'll become impoverished, use even fewer resources and thereby reduce the costs to the "emerging economies", Nations -(don't-cha love those labels?)- allowing more of them to ride in cars and still eat cake.
After all don't they deserve it after all these years working with hazardous lead based paint on our toys??
What could be a more Noble Cause than have all the World's Peoples economic & living standards EQUAL??
That's a Ivory Tower Socialist goal, shared by Social Idealists and Academics alike!!
Oil, Gold and the Holy Dow
Much better than CNBC where everyone is learning "Hucksterism 101"
No-one noticed??? It did "trickle down" ---To China; In return for lead painted toys, poison cat food and drug ingredients that kill.
And for that we get to pay 20% on our Credit Cards!!
Now the poor banks are crying for some -(more tax-money)-bailout bucks!! I'd rather see those bums-- (who are suffering with their own self made toilet paper)--In-Jail, rather than-In-Tact, with their ill gotten gains.
That'll just bring the Helicopter with more Zimbabwe Zeros that hurt everyone. Ben is going to fix our economy!--sure!!--he cares about, recession, inflation, unemployment, and the economy---SURE!!!
My friends, It's Bankers--Helping --Bankers!!. And if you don't believe me, just ask Paulson---remember what pot his roots are in!
Oil, Gold and the Holy Dow
Freddie-Fannie and a host of CDO's and credit card debt, coupled with no savings and negative balance of trade was not there in the past to bring down the Sky as it is now.
But not to worry: Our Neros will talk it to death till tomorrow when it will be just about time to tune up the Fiddles.
Between the lines of Obama speak -if you pay attention--you will hear the ominous sounds of a great, Pie-In-The-Sky Socialist experiment!!
Oil, Gold and the Holy Dow
1. Huge unprecedented amounts of fiat, printed dollars, have entered the liquidity pool and have depreciated the dollar to extents not even realized yet. Even with higher interest rates this weakness will manifest itself and the economy with inflation will suffer.
2.Oil has peaked and the Grasshopper played. Now we are totally unprepared for an ongoing accelerating Global oil shortage and this will also serve to drag all the World under.
Tough times ahead and no easy Rx.
The Always Precarious Dollar (and Its Impact on Gold)
Our gain in trade balance will only result in the dollar holders around the world exchanging them for other currencies as fast as we can accumulate them. At least we can use them to rescue Banks and Housing-(simultaneousl... since they're joined at the "Mortgage"), and won't have to print more, but we will anyway I'm sure, there's always an excuse once "you're addicted" it's just sooo easy.
Pity Asia and the Mid-East still won't buy from us--well maybe food--, can't let the price of that slip.
The Bull Market Continues - In Gold
Crude Oil Seeks Iranian Black Swan
I can remember the bay of pigs and the Cuba missile crisis, It's funny how much more we try when it's our A$$ on the line. This is not lost on Israel I'm sure.
The rest of it may rate a Dirty Duck, or you haven't seen the Iranian Navy in action--their pucker factor isn't up to closing the straights with a Carrier force looking at them.
The Mullahs are giving the orders there, and Martyrdom & Virgins are for the peons, when the going gets tough they go to Paris.
As long as we don't use ground forces, just use Bosnia tactics, a month with no electric, roads,water or food, living off the land and the Mullahs will get tossed out for trial just like Mileshnikoff (Sp)?
Government's Inflation Statistics Not Fooling Everyone
I only ask them to stop lying to my face!! All the room temperature IQ's are at an Obama rally learning how to cure a recession with more taxes, go there.
I guess by leaving food off my SS inflation CPI raise, they figure I get an energy deduction from hunger.
Next my dog food will come off the CPI--just as I was getting used to it!!
10 Signs of a Recession
It's not just oil--It's a nation of consumers over-extended on easy credit, debt over their heads, and inflation pushing them under.
Even gas at $2.00=50%=1/2 won't save them--or the banks!!
Back on topic: Pretty good article on recognizable markers on the way to recession. We're 3/4 way down the mountain and the brakes -(more fiat liquidity)-ain't working!!
Go vote for Obama if you think higher taxes is the Rx for recession!!
The World's Revenge
We can't get rid of the Fed, as turning over our currency to the Politicians where the chairman of the Senate Banking Committee-(Dodd)--does... know what a $75,000 VIP mortgage break is, nor the what prevailing interest rate is--Puleeeze!!!.That's a level of incompetence that even Charlie Rangle would be ashamed of! We all know he's actually on the take--can you imagine how much he would wring out of controlling the Fed.?? That would be like-Presenting Iran with a Hydrogen bomb at a ceremony in Tel-Aviv.
At least get gold under the dollar again--even at $1,000. an oz to stop the slide.
Vietnam Suspends Gold Imports, Follows FDR's Great Depression Lead
Only soon just like the Dong waving your dollars in Public will result in arrest for "Indecent Exposure"!!!!