MarvinMBA

Time for the U.S. Economy to Reindustrialize

Years ago around 1955 companies like Allied Radio and Knight Electronics disappeared and I lost my design engineering job designing electronic kits. The writing was on the wall then as Japan was into its growth phase knocking out the electronic after market in Chicago which manufactured radios, tv's and high fi's. There is nothing left of the great manufacturers like Admiral Corporation and a host of others. I designed a TV for Mr. Muntz when he took over Sonora Electronics in Chicago and that went defunct also. Even working designing gaming equipment eventually pertered out in Chicago as Bally Manufacturing left town.
Its too late to turn back the clock...first it was Japan and now China and many other Pacific Countries with Mexico now being the low cost supplier. Of course I had to work in the aerospace industry to survive. The history of failure in manufacturing...even high tech manufacturing is a failure in the USA. We have run out of gas and ideas that would bring us back into manufacturing at this late stage...its going to be impossible to compete because of our high cost intrastructure. We need a new model and I have yet to see one that is potentially functional...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

Mervyn King: Break Up the Big Banks

Bank consolidation is the way to go....we have far too many branch banks that are really doing very little business and competing for the little business that there is...in addition they are not doing their job of lending to the public anyway so who needs them. With deposits at the one percent area they are helping no one but funding the government debt helping the USA with a major ponzi scheme.

Beware the Current Bull Market in Derivatives

Our currency has been tainted by all of the deficits, derivatives and money printing. I think gold and silver which really represents another currency and independent of manipulation out side of the futures market is the way to go. Hang in there if you own gold or silver while the commodity traders try to manipulate them..They are going to burn when they get a call for delivery...There's more money manipulating silver than there is silver so someday they will be called and PM prices will skyrocket....MarvinMBA

The Coming Consequences of Banking Fraud

Uncle is doing everything he can to revive the maket place for stocks and real estate and jump start the economy. Not to do so could have worst consequences and if it works to get everybody on board a economic bandwagon, we will pay the piper later. Like it or not thats the name of the game right now...forget economics 101 this is a economic emergency that requires intervention of every type legit or non legit to save everyones azz...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

Cramer's Stop Trading! One of the Best-Run Banks in the World (8/20/09)

GE is now a bargain and will be a bigger bargain when the household appliances start turning around...MarvinMBA

FDIC Fund Running Dry: Now What?

With all of the money printing and forced interest rate downdrafts the end is in sight. Yesterdays Treasury offerings sold at higher rates is just the start of a super inflationary ere. Gold is the answer at this junction. It might be the only trading medium that will retain value going forward believe it or not.....MarvinMBA

FASB's FSP Decisions: Bigger than Basketball?

Take a look at this material and tell us what you think???
www.economyincrisis.or...

Mark to Market: Time of Death 8:45AM, April 2, 2009

When you look at the banks books its going to be like reading a fairy tale.......they system is now broke for sure. MarvinMBA

Mark to Market: Time of Death 8:45AM, April 2, 2009

Legitimizing fraud is now truthfull accounting??? The game is over for sure. A new bubble is now afoot...an asset bubble on the books of our revered Banking and Financial Industires...These rules poison the system....MarvinMBA

Friday's Options Recap

Trying to play this market is like walking thru a minefield...danger at every step...keep out for awhile as Uncle Sam is tries to revive a Economic Model that is DOA and resurrection is impossible...too bad but we are going to have to start a new economy all over...socialism anyone???

The Escalator of Life Is Going Down (Part 2)

Uncle Sam is trying to revive a Economic Model that is DOA and resurrection is impossible...too bad but we are going to have to start a new economy all over...socialism anyone???
MarvinMBA

Bond Expert: Friday Outlook

Long term treasuries are going to stick in your throat as inflation rises....MarvinMBA

Scary Numbers, Part II

This is no guru in todays stock predicting game. There is none. The best recommendation is to stay out until there is some evidence of a turn around. This downdraft is a long term DEPRESSION that's going to last for years in my opinion. There's no rush to market. MarvinMBA