MarvinMBA

Ultimately, Who Benefits from Too-Big-To-Fail

The problem is not oversized banks with its various financial offerings....example B of A....lets call a spade a spade and our problems go right back to the USA Fed and Treasury which failed to rein in the Housing Boom before it became a bubble. If it did its job of raising interest rates and not allowing those that have zero income or next to zero income to qualify, most of the problems we are now facing would never have happened, big banks or small banks..it all would have adjusted to the tightening...perhaps we would have had a few problems that could have been easily handled but now the wolves are on the loose...MarvinMBA

Four Reasons We're Headed Even Higher

I'm sure the market will have high beta but it does seem that we are pulling out slowly from this massive downdraft. To protect yourself emotionally keep a good hunk in corporate bonds going out 5 years paying a decent return above 5%. Holding on to a few double eagles will also give you staying power. As we enter the next bull (and it will come while the pundits are all negative opportunities will skyrocket. Be prepared to take advantage of them...MarvinMBA

Closing Update for Friday, August 21: New Highs for 2009

PS I should say I'm out of the market except for SLV holdings.


On Aug 22 01:32 AM MarvinMBA wrote:

> When the new deficit numbers come out next week, WATCH OUT BELOW
> is all I have to say...MarvinMBA

Closing Update for Friday, August 21: New Highs for 2009

When the new deficit numbers come out next week, WATCH OUT BELOW is all I have to say...MarvinMBA

It's the Politicians, Not the Public

When this is all over we can consider ourselves a failed social state!
Why not...we will have plenty of company..

It's the Politicians, Not the Public

The old economic models will not work any longer and I suppose bailing out with bucks you do not have can be dangerous and highly inflationary. The USA cannot let some entities fail because that would be the demise of our economic system faster than you can shout socialism. It does seem as the bailout will transform the country to socialism and working for the government might be the best job you can have. Those outside the government will be bled until they are drained out of every drop of blood. We are going into a command capital system with the government in command. Try to get into some or any government entity or government sponsored entity for safety and stability and all of the feebees there are. If you are not smart enough to do this you will pay for others that are...MarvinMBA

Let AIG Go Bankrupt, Not America

You do not have to be a statistical genius or financial guru to realize that we are in deep sxxt right now. All of the Economic Models are in shambles and can never be used again to predict anything. WE ARE IN A DEEP DEPRESSION THAT WILL LAST FOR YEARS. ITS GOING TO BE IMPOSSIBLE FOR UNCLE TO BAIL US OUT OF THIS MESS..THERE IS NOT ENOUGH MONEY AROUND OR CONCEIVABLY PRINTABLE OR BORROWABLE TO COVER ALL THE LOSSES IN THE TOXIC PAPER.
Any wiff of inflation will drive the system bananas. Stay cool and collected and hold onto what few bucks your have because they will buy more going forward. Get the Apple Cart painted and be ready to go out in the street or door to door...were going back to the 30's...MarvinMBA

While Financials Drag Markets Down, Five Ways to Stay in Play

Were just starting into a Depression that is going to take years to get out of.
Besides the turmoil here in the USA, the Europeans are in complete dissarray and unlikely to get out of its problems anytime soon. The best answers are to just take a low profile and keep your money where it cannot take a hit like short term CD's. The NAME OF THE GAME NOW IS NOT ON THE RETURN ON CAPITOL BUT THE RETURN OF CAPITOL. Your reward is increased buying power as thing ratchet down and down and down and your purchasing power will actually increase just by holding onto cash...keep away from gold...its a bubble thats starting to burst already...MarvinMBA

Just How Big are AIG's Losses Anyway?

AIG losses will be in the MANY TRILLIONS of dollars...this bailout is a joke because the Treasury will not and cannot obtain the fundings nessasary to bail out AIG as AIG obligations explode because of the toxic bond insurance provide by AIG. In other words we are going into a complete meltdown and a full blow depression is right around the corner believe it or not!!!!!!!!!!!!!!!!!!!...

The Economy, And Why It's Taking So Long to Fix It

Normally each country does what it can do best...it seems much manufacturing has moved overseas...its seems that much of what America does has moved overseas....I'm having a tough time trying to decide what can we do best except ship our genius overseas for profit and production...Everyone cannot work in the medical/drug development field. It would be like giving each other enemas and charging a weeks wages for it....is this all we can do??????

10 Drivers That Will Affect the Market in 2009

Buying bonds now paying zero interest rate could be hazardous to your finanances. I suppose thats for the suckers and the the author wants to make us aware of the potential hazards. I agree with most of the authors comments and this is one of the best commentaries I have read on Seeking Alpha....MarvinMBA

The Fed Money Machine Gears Up to Print Trillions

I suppose this is going to lead to price inflation...probably something the Fed would like to happen anyway...equity values rise and more equity in homes and easy lending and more retail business and get the cycle going again. Of course the debt will be paid back with cheaper dollars that have been grossly inflated. It might cost 10 bucks for a one lb loaf of bread but so what..they will double social security.....the graduated taxes will pay back the suckers that own long term treasuries because treasuries longer than a year will probably be worth considerably less and uncle sam will buy back debt for pennies on the dollar...if you think about this there is no other way...what to do...stay liquid going out under five years and mostly one and two...MarvinMBA

3 Things America Needs to Do to Get the Economy Back on Track

I do not believe that this or the next administration will be able to make the tough choices...all will be painfull and beyond the will of the American Public to bare...we have grown up with credit as our personal right and the smooth talking salesman as our hero and advisor...lets face it...the game is over and were going into second or third rate status and hopefully there will be enough food kitchens to feed all of us.

How AIG Will Affect Homebuilders [Housing Tracker]

With mortgage and mortgage instruments under attack and the mark to market writedown of mortgage paper, what do you expect. This is no picnic and the mantra of everyone having a house for nothing is now know as a fraud. Construction will be practically non existant going forward as long as we have M1 flat and jobs disappearing. When will we turn around...when jobs return...when will that happen...perhaps in 5 years if we are lucky.

Where Are the President and Congress in All This?

This President is a lame duck and going to be walking the streets shortly....its too late for him to make any comment of value...the cat is out of the bag and the investors now hold an empty bag because of obvious mismanagement...too late to correct...it should have been done a few years ago. This shows how important it is to have the right administration running the country...not big business that comes out looking like somebody caught them with their pants down.