pepe's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/102570/comments http://seekingalpha.com/article/168526-first-time-homebuyer-credit-promoting-fraud?source=feed#comment-728306 728306 The NAR is being the NAR.
People are being people.
What is so surprising about that!]]> Sat, 24 Oct 2009 11:16:29 -0400 The NAR is being the NAR.
People are being people.
What is so surprising about that!]]> http://seekingalpha.com/article/146164-nyse-volume-lowest-since-january-5?source=feed#comment-569407 569407 2. Too many workers have lost 40% of their 401(k) savings.
3. Too many former workers have lost their jobs.
4. Too many people have lost their homes.
5. More taxes won't help a failing TARP adventure.
6. We're dumping dumping billions into car companies to build more cars that most people don't have the money to buy.
7. Things will get a lot worse before they get better.
8. Prosperity is not around the corner.]]> Tue, 30 Jun 2009 23:25:46 -0400 2. Too many workers have lost 40% of their 401(k) savings.
3. Too many former workers have lost their jobs.
4. Too many people have lost their homes.
5. More taxes won't help a failing TARP adventure.
6. We're dumping dumping billions into car companies to build more cars that most people don't have the money to buy.
7. Things will get a lot worse before they get better.
8. Prosperity is not around the corner.]]> http://seekingalpha.com/article/145254-second-round-of-massive-deleveraging-about-to-hit-u-s-banking-system?source=feed#comment-563022 563022 Why is there so little mention of this considerable reduction in monthly ARM rates which produce euphoric results for the effected home owners? ]]> Thu, 25 Jun 2009 22:05:42 -0400 Why is there so little mention of this considerable reduction in monthly ARM rates which produce euphoric results for the effected home owners? ]]> http://seekingalpha.com/article/144541-why-some-homeowners-are-cheering-the-libor?source=feed#comment-558237 558237 Mon, 22 Jun 2009 20:44:07 -0400 http://seekingalpha.com/article/139640-but-cramer-said-housing-would-improve?source=feed#comment-520510 520510 Wed, 27 May 2009 20:49:39 -0400 http://seekingalpha.com/article/118348-the-housing-bubble-isn-t-funny-anymore?source=feed#comment-375704 375704 Wed, 04 Feb 2009 13:10:35 -0500 http://seekingalpha.com/article/103597-wall-street-breakfast-must-know-news?source=feed#comment-297165 297165 Mon, 03 Nov 2008 10:30:49 -0500 http://seekingalpha.com/article/97548-horrid-data-housing-jobs-durable-goods?source=feed#comment-267125 267125 I appreciate and share your dislike for fractional reserve banking, a major cause of our present world financial crisis. And I thank you for your pointing out that fractional reserve bankers may be of any ethnic origin; just as all gangsters aren't Italian.

My ire was raised by Sojourner's venting his anti-Semitic bias in his irrational explanation of the persons responsible for this crisis.]]> Sat, 27 Sep 2008 21:28:34 -0400 I appreciate and share your dislike for fractional reserve banking, a major cause of our present world financial crisis. And I thank you for your pointing out that fractional reserve bankers may be of any ethnic origin; just as all gangsters aren't Italian.

My ire was raised by Sojourner's venting his anti-Semitic bias in his irrational explanation of the persons responsible for this crisis.]]> http://seekingalpha.com/article/97548-horrid-data-housing-jobs-durable-goods?source=feed#comment-266966 266966 Sat, 27 Sep 2008 14:45:42 -0400 http://seekingalpha.com/article/96100-making-sense-of-the-brokerage-bust?source=feed#comment-259590 259590 Fri, 19 Sep 2008 17:55:16 -0400 http://seekingalpha.com/article/95320-current-market-turmoil-you-cant-explain-stupid?source=feed#comment-254058 254058 Sun, 14 Sep 2008 12:04:32 -0400 http://seekingalpha.com/article/95340-brookings-panel-on-economic-activity-conference-housing-market-and-fed-activity?source=feed#comment-253990 253990 Sun, 14 Sep 2008 11:06:26 -0400 http://seekingalpha.com/article/94072-pimco-s-bill-gross-jim-cramer-is-courageous-and-entertaining?source=feed#comment-246297 246297
I like the experts who predict that things will change "in the next quarter", "by the end of the year", or "sometime next year". I have never found them to be wrong. Sure enough, things did change.

Anyway, it's a fun game and I enjoy it since I am fortunate enough to be retired since 1994, have a company pension, receive my Social Security check each month, was lucky enough to have bought rental properties in Las Vegas, Cape Cod, and Albuquerque in the early 2000's when prices and interest rates were low, and got out of the market at the end of 1999 after a very profitable 6 year span when all boats enjoyed a rising tide. A maximum investment in Gov't I Bonds in 2000 & 2001 was another lucky move.

Notice my use of the words "fortunate" and "lucky" when referring to investments; the same words that contribute to one's wealth when in Las Vegas or Macau. No one knows the future track of their investments; least of all, the lamenting majority of 401(k) contributors who watch their shrinking monthly or quarterly statements and have about as much investment savvy as the deer in your headlights.]]> Fri, 05 Sep 2008 11:53:35 -0400
I like the experts who predict that things will change "in the next quarter", "by the end of the year", or "sometime next year". I have never found them to be wrong. Sure enough, things did change.

Anyway, it's a fun game and I enjoy it since I am fortunate enough to be retired since 1994, have a company pension, receive my Social Security check each month, was lucky enough to have bought rental properties in Las Vegas, Cape Cod, and Albuquerque in the early 2000's when prices and interest rates were low, and got out of the market at the end of 1999 after a very profitable 6 year span when all boats enjoyed a rising tide. A maximum investment in Gov't I Bonds in 2000 & 2001 was another lucky move.

Notice my use of the words "fortunate" and "lucky" when referring to investments; the same words that contribute to one's wealth when in Las Vegas or Macau. No one knows the future track of their investments; least of all, the lamenting majority of 401(k) contributors who watch their shrinking monthly or quarterly statements and have about as much investment savvy as the deer in your headlights.]]> http://seekingalpha.com/article/93361-uncertainty-and-the-economy-some-comments?source=feed#comment-243129 243129 Mon, 01 Sep 2008 10:44:33 -0400 http://seekingalpha.com/article/93341-prime-foreclosures-now-greater-than-subprime?source=feed#comment-242880 242880 Sun, 31 Aug 2008 20:35:42 -0400 http://seekingalpha.com/article/90002-this-recession-will-be-neither-short-nor-shallow?source=feed#comment-226002 226002 Fri, 08 Aug 2008 10:40:08 -0400 http://seekingalpha.com/article/88725-is-the-u-s-banking-system-safe?source=feed#comment-221763 221763 Sun, 03 Aug 2008 18:20:51 -0400 http://seekingalpha.com/article/83029-greenspan-please-retire-already?source=feed#comment-194717 194717 Sat, 28 Jun 2008 10:10:06 -0400 http://seekingalpha.com/article/79854-barton-biggs-and-bob-brinker-are-both-bullish?source=feed#comment-178691 178691
What crystal ball tells you that "new homes and construction are close to their bottom" ?

"Huge amount of liquidity sitting on the sidelines"; do you expect it'll pour back into the market now, while the market continues to correct downward?

"U.S. stocks are the cheapest major asset in the world". Perhaps there's a very good reson for that;duh!

"As oil stops going up, tech stocks will go up". When do you predict oil stocks to stop going up?

Et cetera, et cetera, et cetera! Who do you think you are talking to?

]]> Tue, 03 Jun 2008 14:48:02 -0400
What crystal ball tells you that "new homes and construction are close to their bottom" ?

"Huge amount of liquidity sitting on the sidelines"; do you expect it'll pour back into the market now, while the market continues to correct downward?

"U.S. stocks are the cheapest major asset in the world". Perhaps there's a very good reson for that;duh!

"As oil stops going up, tech stocks will go up". When do you predict oil stocks to stop going up?

Et cetera, et cetera, et cetera! Who do you think you are talking to?

]]> http://seekingalpha.com/article/71044-an-insider-s-look-at-the-subprime-mortgage-collapse?source=feed#comment-136307 136307 With the 17 interset rate hikes of Greenspan and the ensuing rate reductions of Bernanke the ARM rates are now reset at 6% and 5.77% respectively. I mention this to disspell the widespread notion that ARMs are a major cause of our repo problem.
I attribute today's sad predicament of the repossessed borrowers to a lack of knowledge of the home buying and borrowing process, overextension of their resources, and addiction to consumption.
I take no delight in their plight. It's a hard lesson learned and hopefully their next venture into homeownership will be preceded with due diligence.
Unfortunately, the Golden Rule is still the mantra of our economy; "He who has the gold makes the rules".]]> Thu, 03 Apr 2008 22:55:46 -0400 With the 17 interset rate hikes of Greenspan and the ensuing rate reductions of Bernanke the ARM rates are now reset at 6% and 5.77% respectively. I mention this to disspell the widespread notion that ARMs are a major cause of our repo problem.
I attribute today's sad predicament of the repossessed borrowers to a lack of knowledge of the home buying and borrowing process, overextension of their resources, and addiction to consumption.
I take no delight in their plight. It's a hard lesson learned and hopefully their next venture into homeownership will be preceded with due diligence.
Unfortunately, the Golden Rule is still the mantra of our economy; "He who has the gold makes the rules".]]> http://seekingalpha.com/article/70355-wall-street-breakfast-must-know-news?source=feed#comment-132968 132968 Fri, 28 Mar 2008 10:51:03 -0400 http://seekingalpha.com/article/69529-best-and-worst-dow-s-p-500-performers-ytd?source=feed#comment-130251 130251 BTW: I bought my Spiral-cut Ham for Easter at Smith's because their price was lowest! Happy Easter.]]> Sun, 23 Mar 2008 10:32:55 -0400 BTW: I bought my Spiral-cut Ham for Easter at Smith's because their price was lowest! Happy Easter.]]> http://seekingalpha.com/article/69529-best-and-worst-dow-s-p-500-performers-ytd?source=feed#comment-130160 130160 If you'd like to save some real money; shop WMT! I don't really care what the price of their shares is. It's the price of my groceries, appliances, and other household needs that matter.
And where would their employees be working if not at WMT? Do you think Mom & Pop would pay them more?]]> Sat, 22 Mar 2008 20:51:25 -0400 If you'd like to save some real money; shop WMT! I don't really care what the price of their shares is. It's the price of my groceries, appliances, and other household needs that matter.
And where would their employees be working if not at WMT? Do you think Mom & Pop would pay them more?]]> http://seekingalpha.com/article/69385-wall-street-breakfast-must-know-news?source=feed#comment-129348 129348 Am I living in another world?]]> Thu, 20 Mar 2008 11:55:24 -0400 Am I living in another world?]]> http://seekingalpha.com/article/67789-nowhere-near-a-real-estate-bottom?source=feed#comment-124693 124693 Mon, 10 Mar 2008 11:46:04 -0400 http://seekingalpha.com/article/67144-sell-side-still-sees-s-p-500-up-20-by-year-s-end?source=feed#comment-122432 122432 Wed, 05 Mar 2008 10:56:44 -0500 http://seekingalpha.com/article/67230-cnbc-s-gasparino-joining-the-plunge-protection-team?source=feed#comment-122422 122422 Wed, 05 Mar 2008 10:43:00 -0500 http://seekingalpha.com/article/67137-no-bear-yet-average-stock-already-down-30?source=feed#comment-122410 122410 Wed, 05 Mar 2008 10:17:51 -0500 http://seekingalpha.com/article/64441-pundit-failure-we-are-in-a-bear-market-and-this-is-a-recession?source=feed#comment-116262 116262
What is the FICO score for BAC, BSC, MER, MS, GS, CFC, et al? Are they SUBPRIME BORROWERS now?
]]> Thu, 14 Feb 2008 09:24:45 -0500
What is the FICO score for BAC, BSC, MER, MS, GS, CFC, et al? Are they SUBPRIME BORROWERS now?
]]> http://seekingalpha.com/article/60558-good-news-for-dendreon-bad-news-for-prostate-cancer?source=feed#comment-111383 111383 Seperate Bedroom Trauma (SBT)
Mispelled Word Syndrome (MWS)
High School Principle Burnout (HSPB)
Nineth Grade Attention Deficit (NGAD)
If you're smiling now, you will never suffer from any of the above.
]]> Fri, 18 Jan 2008 12:15:57 -0500 Seperate Bedroom Trauma (SBT)
Mispelled Word Syndrome (MWS)
High School Principle Burnout (HSPB)
Nineth Grade Attention Deficit (NGAD)
If you're smiling now, you will never suffer from any of the above.
]]>