ejhickey's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/102546/comments http://seekingalpha.com/article/175882-wall-street-breakfast-must-know-news?source=feed#comment-791258 791258 Sat, 05 Dec 2009 02:02:05 -0500 http://seekingalpha.com/article/176608-inflation-scorecard-gold-drives-expectations?source=feed#comment-791176 791176 Fri, 04 Dec 2009 22:35:54 -0500 http://seekingalpha.com/article/176478-government-debt-no-way-out?source=feed#comment-789506 789506 Thu, 03 Dec 2009 21:35:16 -0500 http://seekingalpha.com/article/176044-ben-bernanke-pleads-for-his-job-my-response-to-bernanke?source=feed#comment-789500 789500 Thu, 03 Dec 2009 21:31:59 -0500 http://seekingalpha.com/article/176480-bunning-vs-bernanke?source=feed#comment-789496 789496

On Dec 03 08:51 PM Robert0713 wrote:

> >> the hazard he has unleased on this country.
>
> The hazard was unleashed with Reagan and the succession of Right
> Wingnuts. It's no coincidence that the top 1% took away 8% of national
> income before Reagan, and 23% in the last year of Bush. You manage
> that sort of wealth transfer, and this is the mess you get. Bernanke
> didn't have any choice, given what the Right Wingnuts had unleashed.
>
>
> There's weeping and wailing by capitalists "where's the jobs" while
> they happily kill the middle class. Capitalist is synonymous with
> Stupid and Hypocrite. There'll be no revenue to corporations unless
> and until the middle class once again gets most of national income.
> But capitalists are, as a group, way to stupid to figure that out.
> They want revenue and consumer spending while killing the middle
> class. How abysmally stupid.]]> Thu, 03 Dec 2009 21:27:00 -0500

On Dec 03 08:51 PM Robert0713 wrote:

> >> the hazard he has unleased on this country.
>
> The hazard was unleashed with Reagan and the succession of Right
> Wingnuts. It's no coincidence that the top 1% took away 8% of national
> income before Reagan, and 23% in the last year of Bush. You manage
> that sort of wealth transfer, and this is the mess you get. Bernanke
> didn't have any choice, given what the Right Wingnuts had unleashed.
>
>
> There's weeping and wailing by capitalists "where's the jobs" while
> they happily kill the middle class. Capitalist is synonymous with
> Stupid and Hypocrite. There'll be no revenue to corporations unless
> and until the middle class once again gets most of national income.
> But capitalists are, as a group, way to stupid to figure that out.
> They want revenue and consumer spending while killing the middle
> class. How abysmally stupid.]]> http://seekingalpha.com/article/176480-bunning-vs-bernanke?source=feed#comment-789493 789493 Thu, 03 Dec 2009 21:23:30 -0500 http://seekingalpha.com/news/market_currents/post/37646?source=feed#comment-789481 789481 Thu, 03 Dec 2009 21:16:03 -0500 http://seekingalpha.com/article/173862-marc-faber-clarifies-gold-outlook?source=feed#comment-764772 764772 Tue, 17 Nov 2009 23:42:28 -0500 http://seekingalpha.com/article/173861-gold-etfs-big-surprise-at-tax-time?source=feed#comment-764768 764768
More questions : Does the 28% tax rate apply to profits realized from trading gold and silver on the commodity exchanges? Do these rates apply to profits from trading options on GLD or SLV?]]> Tue, 17 Nov 2009 23:32:04 -0500
More questions : Does the 28% tax rate apply to profits realized from trading gold and silver on the commodity exchanges? Do these rates apply to profits from trading options on GLD or SLV?]]> http://seekingalpha.com/article/150750-michelle-caruso-cabrera-charlie-gasparino-bash-finance-blogs?source=feed#comment-602801 602801 Sun, 26 Jul 2009 16:13:16 -0400 http://seekingalpha.com/article/150750-michelle-caruso-cabrera-charlie-gasparino-bash-finance-blogs?source=feed#comment-602797 602797

On Jul 23 07:25 AM richjoy403 wrote:

> I was watching CNBC since it was the previous network. Investments
> are serious business to me. There is a balance between information
> and entertainment, and CNBC often favors entertainment (especially
> before the market opens)...also I have no interest in whether Bartromo
> or Burnett is their #1 babe.
>
> CNBC is after all intended to produce a profit, and not a small one.
> So, complaining about their stupid antics (e.g.; the seals blowing
> horns) isn't going to produce an on-air change unless the bosses
> decide it is reducing profits.
>
> The #1 thing that bothers me all day long (and I do watch all day
> and through Fast Money, as I can't accept Cramer's antics), is that
> they permit/encourage what should be a useful discussion by persons
> with opposing views to degenerate into a useless and wasted opportunity
> wherein those persons talk over each other before a coherent view
> can be expressed.]]> Sun, 26 Jul 2009 16:05:31 -0400

On Jul 23 07:25 AM richjoy403 wrote:

> I was watching CNBC since it was the previous network. Investments
> are serious business to me. There is a balance between information
> and entertainment, and CNBC often favors entertainment (especially
> before the market opens)...also I have no interest in whether Bartromo
> or Burnett is their #1 babe.
>
> CNBC is after all intended to produce a profit, and not a small one.
> So, complaining about their stupid antics (e.g.; the seals blowing
> horns) isn't going to produce an on-air change unless the bosses
> decide it is reducing profits.
>
> The #1 thing that bothers me all day long (and I do watch all day
> and through Fast Money, as I can't accept Cramer's antics), is that
> they permit/encourage what should be a useful discussion by persons
> with opposing views to degenerate into a useless and wasted opportunity
> wherein those persons talk over each other before a coherent view
> can be expressed.]]> http://seekingalpha.com/news/market_currents/post/26606?source=feed#comment-593708 593708
Very short term benefits, long term disaster. Probably the only thing stopping the administration is how to get away with it without a public relations disaster. Who knows if it will happen but I would not rule it out nor would I fail to make some contingency plans]]> Sun, 19 Jul 2009 10:25:11 -0400
Very short term benefits, long term disaster. Probably the only thing stopping the administration is how to get away with it without a public relations disaster. Who knows if it will happen but I would not rule it out nor would I fail to make some contingency plans]]> http://seekingalpha.com/article/149493-did-we-nationalize-banks-or-did-they-nationalize-us?source=feed#comment-592203 592203
Of course Kudlow also said he expected a good earnings report from BAC. Just the opposite happened and BAC stock has taken a big step BACwards. So much for Kudlow's theory that they banks are profitable and will lead the economic recovery]]> Fri, 17 Jul 2009 13:31:05 -0400
Of course Kudlow also said he expected a good earnings report from BAC. Just the opposite happened and BAC stock has taken a big step BACwards. So much for Kudlow's theory that they banks are profitable and will lead the economic recovery]]> http://seekingalpha.com/instablog/124800-john-nyaradi/12854-an-ugly-messy-market?source=feed#comment-583704 583704
This is bad news? This is actually GOOD news. If the banks accepted the IOUS and gave people cash , they would be hurting their capital structure and monetizing California's bad paper. For the banks that accepted TARP funds , they might even be vioating the terms of that agreement. Keep thos toxic assets out of the banks. Let people and businesses who received the IOUs sell them on the open market for what they are worth.]]> Sat, 11 Jul 2009 14:35:38 -0400
This is bad news? This is actually GOOD news. If the banks accepted the IOUS and gave people cash , they would be hurting their capital structure and monetizing California's bad paper. For the banks that accepted TARP funds , they might even be vioating the terms of that agreement. Keep thos toxic assets out of the banks. Let people and businesses who received the IOUs sell them on the open market for what they are worth.]]> http://seekingalpha.com/article/148071-5-ways-your-etfs-can-pay-you?source=feed#comment-582534 582534 Fri, 10 Jul 2009 14:23:04 -0400 http://seekingalpha.com/article/147826-california-s-ious-unintended-consequences-of-tarp-mentality?source=feed#comment-580510 580510 Thu, 09 Jul 2009 10:27:04 -0400 http://seekingalpha.com/article/147572-what-causes-foreclosures?source=feed#comment-579540 579540
I remember an interview that Bloomberg did with Barney Frank in September 2008 in which he said "We encouraged too many people to buy homes and failed to recognize that some people are not culturally suited for home ownership." Barney should listed to his own advice but then listening or consistency has never been part of his personality.]]> Wed, 08 Jul 2009 17:27:38 -0400
I remember an interview that Bloomberg did with Barney Frank in September 2008 in which he said "We encouraged too many people to buy homes and failed to recognize that some people are not culturally suited for home ownership." Barney should listed to his own advice but then listening or consistency has never been part of his personality.]]> http://seekingalpha.com/article/146950-state-budget-gaps-and-investment-implications?source=feed#comment-574881 574881
There is much more risk for invstors in State and local debt than investors perceive. As soon as someone says "Default can't happen" the caution flag should go out.]]> Sun, 05 Jul 2009 19:00:34 -0400
There is much more risk for invstors in State and local debt than investors perceive. As soon as someone says "Default can't happen" the caution flag should go out.]]> http://seekingalpha.com/article/146546-no-bailout-for-the-governator-california-s-fiscal-emergency?source=feed#comment-572701 572701 Fri, 03 Jul 2009 00:19:56 -0400 http://seekingalpha.com/article/146408-time-for-california-muni-bond-investors-to-take-a-stand?source=feed#comment-572697 572697
California defaults on it's General Obligation bonds. Then the Federal Government decides to do a bailout for California and a reorganization of their finances. as part of this process, the decision is made to change the priority of the bondholders. Another possibility is the Feds decide to cancel all of the state's bonds and offers the holders 50 cents on the dollar. After the Chrysler Bankruptcy, I believe something like this might happen in regards to California Muni Bonds ]]> Fri, 03 Jul 2009 00:14:36 -0400
California defaults on it's General Obligation bonds. Then the Federal Government decides to do a bailout for California and a reorganization of their finances. as part of this process, the decision is made to change the priority of the bondholders. Another possibility is the Feds decide to cancel all of the state's bonds and offers the holders 50 cents on the dollar. After the Chrysler Bankruptcy, I believe something like this might happen in regards to California Muni Bonds ]]> http://seekingalpha.com/article/144248-on-fake-bonds-owning-gold-and-the-inflation-vs-deflation-debate?source=feed#comment-563919 563919 Fri, 26 Jun 2009 14:17:01 -0400 http://seekingalpha.com/instablog/399221-graham-and-dodd-investor/10111-beware-executives-double-standard?source=feed#comment-563711 563711 Fri, 26 Jun 2009 12:18:18 -0400 http://seekingalpha.com/news/market_currents/post/26806?source=feed#comment-563696 563696 Fri, 26 Jun 2009 12:05:04 -0400 http://seekingalpha.com/news/market_currents/post/26738?source=feed#comment-563409 563409 Fri, 26 Jun 2009 09:30:21 -0400 http://seekingalpha.com/news/market_currents/post/26738?source=feed#comment-563312 563312 Fri, 26 Jun 2009 08:48:32 -0400 http://seekingalpha.com/article/144248-on-fake-bonds-owning-gold-and-the-inflation-vs-deflation-debate?source=feed#comment-553999 553999

On Jun 19 12:21 PM Economic Disconnect wrote:

> ejhickey,
> Your comment is the best I have seen regarding the deflation idea!
> I am going to use that one in tonights blog post!]]> Fri, 19 Jun 2009 12:26:22 -0400

On Jun 19 12:21 PM Economic Disconnect wrote:

> ejhickey,
> Your comment is the best I have seen regarding the deflation idea!
> I am going to use that one in tonights blog post!]]> http://seekingalpha.com/article/144248-on-fake-bonds-owning-gold-and-the-inflation-vs-deflation-debate?source=feed#comment-553951 553951 Fri, 19 Jun 2009 11:56:17 -0400 http://seekingalpha.com/article/144248-on-fake-bonds-owning-gold-and-the-inflation-vs-deflation-debate?source=feed#comment-553933 553933
I still have a nagging question? Why was the money supply increased if it is just sitting in the banks and basically acting like a Linus security blanket> And if the banks are not lending out a lot of money for whatever reason. how are the banks making money? Do the banks simply look better because the accounting rules were changed to let the banks re-value questionable assets according to some secret formula?]]> Fri, 19 Jun 2009 11:46:37 -0400
I still have a nagging question? Why was the money supply increased if it is just sitting in the banks and basically acting like a Linus security blanket> And if the banks are not lending out a lot of money for whatever reason. how are the banks making money? Do the banks simply look better because the accounting rules were changed to let the banks re-value questionable assets according to some secret formula?]]> http://seekingalpha.com/article/143067-hyper-inflation-or-just-hype?source=feed#comment-546528 546528 Sun, 14 Jun 2009 22:18:52 -0400 http://seekingalpha.com/article/141763-should-you-follow-the-herd-by-shorting-u-s-treasury-etfs?source=feed#comment-546523 546523 Sun, 14 Jun 2009 22:09:00 -0400