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LiquidSoapDispenser
50 Comments
Don't Touch Anything Requiring the Use of Short-Term Lending Markets [view article]
GEORGIA BELL, the author just said "interest rates will be moving higher," which I interpreted as higher interest rates on our savings accounts (etc.), but you are interpreting as higher interest rates on loans I take out. Is there any reason to believe savings and money market accounts will be paying higher interest rates? Oct 08 10:04 PMThe Debate: McCain's Insane Mortgage Proposal [view article]
Fabian, the obvious conundrum we are in is, raising taxes is the prudent thing to do to stop sinking into massive debt. But you seem to ignore that raising taxes typically hurts the economy, and that lowers the amount of taxable income. Yes? No? Oct 08 09:32 AMDon't Touch Anything Requiring the Use of Short-Term Lending Markets [view article]
I'm a simpleton compared to many of you, and I could not make sense of your assertion that interest rates will be moving higher. Why? Which interest rates? I am not able to see what will bring interest rates up in the near future (other than rates offered by desperate companies). Are you just saying interest rates will move up... some day? Oct 08 09:00 AMHomebuilder Trends: What To Do About Inventory? [Housing Tracker] [view article]
Mandating energy efficient building is a sign that our government can look to long term ways to deal with our energy crisis. It's sad that our housing and financial crisis are ruining any hint that our government can plan, rather than run around putting out fires. Oct 08 08:54 AMDid Lack of Regulation Create the Subprime Mortgage Crisis? [view article]
Freedoms Truth (I'm not sure what to make of someone who goes by such a monicker): I am no expert and no trader, but from what I see, margins and leverage seem to cause a lot of problems. I think that most of us saw the insanity of mortgages being handed out to unqualified people during a housing bubble. But you're telling us that leveraging all that bad mortgage paper wasn't as dumb as dumb can be? I'm sure a lot of you know how to do a lot with margins and leverage, but to simpletons like me, all I see is the destruction these things cause. Seems like leverage just takes reasonable market changes and distorts them into crisis after crisis. So explain why the world would be a worse place without so much margin and leverage.I hate how clearly by-partisan caused financial problems are used as political fodder. I'm not going to argue with your specific points (almost every politician has a closet full of skeletons), but you're blinded by ideology if you don't think our current crisis could not also be easily and factually blamed on screw-ups on the right. And your boy McCain has looked like a buffoon in his statements, actions, and 180-degree reversals during the past 10 days (I'm not talking about the debate, which seemed like a draw). I don't know how anyone could be RATIONALLY excited about either candidate right now, unless your they type to "rah rah" your party, no matter what the situation. Sep 29 10:48 AM
False Data Clobbers the Markets [view article]
Are all negative thoughts written off in your world, simply because they are negative?Plenty of oil scholars say it's during the next 5-15 years that we'll have supply problems, before other energy sources start handling a meaningful percentage of the burden. So you give no credence to those who claim depletion and refining limits are going to cause supply problems, and China and India will be wanting more and more oil?
Are you close friends with Steve or what? How do you know the rumors of Jobs' illness are false? I'm not saying they are true, I'm saying there is a possibility they are true. I suppose no one ever dies in your world? I'd love to live there, reality is a lot less fun. Aug 29 10:31 AM
Apple Will Iron out the Wrinkles -- or the Irony [view article]
All I know of Michael Arrington is what you write, but does he really fault a company because of problems he is having with one product? That's not much of a sample size. What if Apple makes only 1% lemons and he happens to have one? What if some software he loaded is causing the problem? I'm just saying, hope his criticism of Apple's quality is based on something more than problems with his one iPhone. Aug 24 10:10 AMSouthern California Home Sales Rise: No, That's Not a Typo [view article]
Paris did say some smart-sounding stuff. If she's elected, hopefully shell keep her writers!I think the charts would have been even more informative if you said the total number of zip codes so we'd know what the raw "number of zips" meant on a percentage basis (a quick count on my part shows 150 zip codes in O.C.). So even in the rosier of the two charts, 2/3 of the zip codes experienced declines in prices.
Hmmm, I'm still confused looking at both charts. Why are the changes in median prices so different that the changes in overall prices?
I think a lot of buyers have been on the sidelines watching prices drop. Some waiting because homes were beyond what they could afford, and some waiting because everyone knows the market has been tanking, and few want to buy and watch their home lose a ton of value immediately after buying it. So now homes are within the reach of more people, there's talk of a bottom, and there are some foreclosure bargains. So there's finally some buying going on. But I also think there will be plenty more distressed properties added to the market, out-pacing the buying, so prices will continue to fall for awhile. Aug 20 10:03 AM
Forget $100 a Barrel - Oil Will Plummet to $30 [view article]
Jason Schwarz seems to ignore the rapidly growing (and subsidized) number of Chinese oil consumers, clearly doesn't believe in peak oil, isn't worried about world politics disrupting supply, thinks US politicians will really (finally) implement a coherent energy policy, thinks investment in exploration and alternative energy sources won't dwindle if oil were to actually come down to $30/barrel, and seems to think the US populace would continue to conserve even if the price of gas were to get relatively cheap again. Do all these assumptions sound reasonable to ANYONE? I don't think one commenter agrees with this article.On the same subject, oil analyst Charlie Maxwell was on Brinker's radio show over the weekend. Maxwell thinks oil will come down to 80-90 a barrel for about a year or two, then start marching back up... and up... My money is (literally) on Maxwell's prediction. Aug 18 09:53 AM
Economic Report Summary: Housing Market Getting Worse, Not Better [view article]
Mike Mohr, your comment is that this article is stupid because four houses in your neighborhood sold? Wow, now that's a scientific analysis.Several articles in last weeks WSJ pointed to still higher rates of foreclosures in the coming years, which obviously puts downward pressure on housing prices. While every location will bottom at different times, and their may be flurry's of price movement between the top and the bottom, I agree that overall, the prices of homes have yet to reach their nadir.
And to prove it to Mike, two homes on my block that have been on sale forever just lowered their prices again. Aug 11 09:43 AM
Energy Stocks Are Too Cheap to Ignore - Barron's [view article]
Exxon sure didn't ride up with the price of oil, so will it come down if oil keeps dropping?finance.yahoo.com/q/bc... Aug 11 09:31 AM
Don't Just Do Something, Stand There [view article]
At sr9web:You kind of hurt your case when you misspell incompetent over and over... Aug 09 02:26 PM
It's Still About Affordability, Stupid [Housing Tracker] [view article]
HERNJE: This housing crisis/correction will be "looked back on as a good thing"? I think it's far from that black and white. Sure, reasonable home prices are a good thing, and yes, greedy speculators HELPED drive up home prices. But don't forget, the effects of the falling home prices are producing a TON of negative effects on families and the economy, so I really think the crisis/correction will be looked back on overall as very mixed. You say the greedy cause the problems, but aren't greedy now being vultures, taking glee in watching the prices come down, so they can buy when prices have hit bottom (meanwhile claiming that those who are losing their homes all must deserve it because THEY were they greedy ones)? Actually, I think it's more "dumb greedy" (who didn't understand that prices were too high) versus the "smart greedy" (who knew that prices had gotten too high, who are now perched like vultures, waiting for prices to get low). Aug 04 10:10 AMProfit from the Peak: An Enjoyable Read About Our Energy Problems [view article]
I've recently learned about the biological vs. abiogenic debate (after wondering about similar arguments I've read). It is without question that the majority of geologists and scientists reject the abiogenic theory. So, my questions to anyone who makes a lot of clamor about the existence of virtually unlimited abiogenic oil:1) When will this start having a major impact on what most of us see as a limited world oil supply? 10 years? 100 years? Ever?
2) What do you hope to gain by constantly challenging the majority view? Seems like you statements just cause a lot of arguing rather than producing any productive results.
3) How are you specifically attempting to capitalize on your minority viewpoint? Aug 02 10:11 AM
Is It Time To Get Back Into Financial ETFs? [view article]
ETF STER too??? You guys really bother to post comments based solely on the titles? READ THE ARTICLE! You guys look foolish. Aug 02 09:47 AM