Crookedwood

Citigroup: A Simple Analysis of a Terribly Complex Company

The limited upside to the stock over the next three years is a negative. If true then expect no change on the dividend front and it may be time for those who whole C to sell. However, looking beyond three years/five years C is a buy for those who seek a contrarian position.

Closing Update, Friday June 12

The University of Michigan consumer survey could be read as a positive bullish sign. It probably points to a market that needs to move sideways for awhile. The consumer is saying I believe that they like the direction and effort of the stimulus, but want to measure the impact of rising prices, i.e. gasoline, health care, etc.. Any pull back in prices in these areas and the market moves forward on good retail figures. AJK

Even Warren Buffett Isn't Perfect

Being in business for more then fifty years I have two views of the present unemployment statistics and the interpretation of the same. 1. The system of collection and annalysis overlook and under-count the true number of unemployed. 2. The fact of hiring for the census is real and will have a positive impact on the economy and any increase in hiring and it matters little that the duration is limited. AJK

Jobless America

The policy of the Bush administation did a great deal of damage which will not be turned around quickly. The quicker the economic action now the quicker the turn around. But with many dragging their feet (republicans and bluedog democrats) it will not happen in the first term of President Obama. It will require the re-election of the President and an increase in his majority in the house and senate. I write this as a small business owner who does not fear paying more in taxes. I would be growing the business and hiring if I knew I could get loans at 3% for five years. AJK

7 Ways to Profit from Asphalt and Highway Construction

Would the author consider MDU as one of the companies to benefit from the increased attention to constrution/asphalt? AJK

This Recession Is a Reset to a New Normal

Yes, a new normal is in the process of being created. As with all creations we will know it after the fact. Perhaps one can take comfort in the fact that there is an actual process underway. I believe the data presented indicates a process of greater length then any of us expect. The process of fifteen to eighteen months todate looks to run another eighteen to twenty-four months. I wonder if the writer has a comment on that. AJK

Will 2009 Be Profitable? Today's Results Might Tell Us

If we are to test new lows and I believe we will then it is the moment for the youthful investor to buy and hold and for those in our later years to manage our trading within very tight parameters. Crookedwood

Infrastructure Investment Will Be a Slow Economic Stimulus Path

A very interesting presentation. While many dream of a quick turn around they miss the meaning of real recovery which is found only in serious infrastructure projects. Yes, it will take time but it will have worldwide impact as much of the raw material comes from the rest of the world. The key here is well planned projects with transparant oversight and regulations. A audit group is vital and while the idea of a person like Ron Paul is creative OMB does a great job and needs only to be expanded. Crookedwood

Obama's Economic Recovery Advisory Board: Brilliant or More Bureaucracy?

Andy Singh may worry about the ERAB becoming political but it is a false item. I believe the expertise of this team will bring immediate impact and benefit for the country for the very reason that it is not political. In time all creations become institutionalized and the way to make certain this does not is to hold it to the bright light of public analysis and evaluation. Crookedwood

Citi's Destructive Potential Still Poses Systemic Threat

The fact that poor decision made at citi by Ruben and others now is compounded by Paulson and Bush tunnel vision. Money without regulation and parameters for management oversight leads now to one place, hyper-inflation. Would bankruptcy be less costly to the country than the pain of super-inflation? I think so. Crookedwood

The Reagan Counterrevolution

Schiff's annalysis amazes me. If Reagan succeeded in releasing pent up economic forces the Bush administration removed the dam by removing the regulations which assure financial transparancey. The flood of greed has destoried the economy. Now the people Obama brings all have a history of financial success in dealing with financial crisis. Schiff's annaysis is short on reality.

So Much for the Bailout

The reaction of the market is great as it confirms the depth of he problem and that government is only part of solution. Bumpy ride ahead yes, and that leads to great opportunity. Buy and hold many good stocks. Manage the process by selling into the up days and continue to buy on the down swing. Three years from now you will be up 30%.

Bailout: Reaching a Deal

To small. To late. Not Creative. Ignores the real need, regulation. Puts off collapse for the moment. May provide an opportunity to sell into the market.

The Deal's Getting Done, But Will It Work?

If the idea of ten banks with 70B and leverage authority of 10 to 1 is a tongue in cheek it is creative and simple. Simple to operate and manage. To simple for this administration and congress.

I'm Speechless: Palin on the Bailout

Palin is correct. It is all about health care. If we had universal health care the auto companies would be saving 9.5B yearly in cost. There would be no need for the 25B bailout in the budget now for the auto companies. Maybe Palin should talk to John McCain and the repulican party for she sees clearly now. Is it possible she is listening to Hillary>