The Coming Crash of 2008: A Result of Overleveraging [View article]
"I have been praying for years to see $5 gas, I just can't believe it happened so quickly. There is nothing more satisfying to me than seeing the look on the faces of people spending $100 to fill up their SUV that they drive around in alone."
The markets have done what decades of Congressional inertia have failed to do.
"And for the economic illiterate that said if Obama gets elected then we will be in better shape. Please drop me a line, if he gets elected I would like to sell you all my stock. Yeah, a socialist is going to help markets."
McCain or Clinton would keep Iraq going longer; this is a money-losing proposition, unless they get some brains and re-group the whole US army around the oil fields and forget about Baghdad and "nation-building".
The Coming Crash of 2008: A Result of Overleveraging [View article]
"The history of the 20th century was dominated by the struggle against totalitarian systems of state power. The 21st will no doubt be marked by a struggle to curtail excessive corporate power."
And, so far, we are losing. In the US, corporations seem to have more "individual right" than Individuals. The EU has somewhat more common sense in these matters (e.g. much smarter antitrust regulators).
The Coming Crash of 2008: A Result of Overleveraging [View article]
I think we'll see significant turnaround 1) If Helicopter Ben gets axed and/or 2) with an Obama win in November. The latter, because one major drag on the economy is the money-hole known as Iraq.
"Sources say Microsoft (MSFT) CEO Steven Ballmer is fuming over Yahoo's move yesterday to pre-empt a proxy fight by pushing off its shareholder meeting."
Maybe monkey-boy threw some chairs around. What does he expect, offering a low-ball hostile offer?
Wall Street Breakfast: Must-Know News [View article]
"Many doubt a YHOO/AOL merger will float."
I have little love for AOL as a company (though I problem still have a bunch of the coasters they used to send out almost weekly), but the combo could lead to a powerhouse financial portal. Yahoo and AOL individually work better for me at this time than Google Finance, though I am a huge Google fan in general.
Wall Street Breakfast: Must-Know News [View article]
"Stagflation, a lethal brew of simultaneous inflation and recession, may be hitting the U.S. for the first time since the 1970s."
Blame the Bush Failed Presidency. Fiscal irresponsibility; military adventures (ineptly executed, at that); undirected tax cuts; lack of regulatory oversight of financial institutions.
Wall Street Breakfast: Must-Know News [View article]
"Losing would be a massive blow to MSFT's image,"
Best outcome: Yahoo takeover fails; MSFT retains Monkey-boy as CEO, against all reason; Monkey-boy blows 40 B on AOL or some other weak property as an ego-massage; MSFT bones up on Chapter 11 laws. I can dream can't I?
The Coming Crash of 2008: A Result of Overleveraging [View article]
The markets have done what decades of Congressional inertia have failed to do.
"And for the economic illiterate that said if Obama gets elected then we will be in better shape. Please drop me a line, if he gets elected I would like to sell you all my stock. Yeah, a socialist is going to help markets."
McCain or Clinton would keep Iraq going longer; this is a money-losing proposition, unless they get some brains and re-group the whole US army around the oil fields and forget about Baghdad and "nation-building".
The Coming Crash of 2008: A Result of Overleveraging [View article]
And, so far, we are losing. In the US, corporations seem to have more "individual right" than Individuals. The EU has somewhat more common sense in these matters (e.g. much smarter antitrust regulators).
The Coming Crash of 2008: A Result of Overleveraging [View article]
Wall Street Breakfast: Must-Know News [View article]
Prediction: ATT will sweeten the deal for Corporates. Big Biz always bends over for the Enterprise market.
Under The Radar News - Thursday [View article]
I don't trust their managemnet. End of story, as an investment.
Under The Radar News - Thursday [View article]
Maybe monkey-boy threw some chairs around. What does he expect, offering a low-ball hostile offer?
Wall Street Breakfast: Must-Know News [View article]
I have little love for AOL as a company (though I problem still have a bunch of the coasters they used to send out almost weekly), but the combo could lead to a powerhouse financial portal. Yahoo and AOL individually work better for me at this time than Google Finance, though I am a huge Google fan in general.
Wall Street Breakfast: Must-Know News [View article]
Does the Office Mr. Bernacke holds require peeing in a cup for drug testing as a condition for employment?
Can I call my bank RIGHT NOW and ask them for "free money"?
Under The Radar News - Friday [View article]
Nowadays dual booting, for full speed Windows is a very viable option for people nervous about going "cold turkey". I
Wall Street Breakfast: Must-Know News [View article]
What it means is that I have already reduced my holdings in Big Pharma.
Wall Street Breakfast: Must-Know News [View article]
Stabilized? Did you mean to say that. You know,LESS oil is coming out of Iraq than before the war.
Wall Street Breakfast: Must-Know News [View article]
Blame the Bush Failed Presidency. Fiscal irresponsibility; military adventures (ineptly executed, at that); undirected tax cuts; lack of regulatory oversight of financial institutions.
Wall Street Breakfast: Must-Know News [View article]
Best outcome: Yahoo takeover fails; MSFT retains Monkey-boy as CEO, against all reason; Monkey-boy blows 40 B on AOL or some other weak property as an ego-massage; MSFT bones up on Chapter 11 laws. I can dream can't I?
Best, Worst Performers Since the 10/9 Top [View article]
Most likely.
Best, Worst Performers Since the 10/9 Top [View article]
I was also delighted to unload my GSK at 52, which I'd bought at about 35 a few years back. I don't think GSK will top 50 again soon.
Wish I'd dumped my VRTX and PFE....