theobannion's Comments theobannion's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/120075/comments Is Oil Demand Increasing or Shrinking? http://seekingalpha.com/article/176379-is-oil-demand-increasing-or-shrinking?source=feed#comment-788416 788416
SOB]]>
Thu, 03 Dec 2009 10:22:42 -0500
SOB]]>
Nov. ISM Non-Manufacturing Index: 48.7 vs. 51.5 expected and 50.6 prior (<50 denotes contraction). Decline was led by a drop in the Business index, which fell to 49.6 from 55.2 in October. Prices index rose to 57.8 from 53. Employment rose to 41.6 from 41. http://seekingalpha.com/news/market_currents/post/37595?source=feed#comment-788410 788410
SOB.

On Dec 03 10:14 AM Machiavelli999 wrote:

> OK, this is the first number in a few weeks that is really scaring
> the bull in me. This is not good. This really could be a turning
> point in the market.]]>
Thu, 03 Dec 2009 10:21:19 -0500
SOB.

On Dec 03 10:14 AM Machiavelli999 wrote:

> OK, this is the first number in a few weeks that is really scaring
> the bull in me. This is not good. This really could be a turning
> point in the market.]]>
Options Trader Friday Outlook: Is Goldman Sachs Stupid, Or Evil? http://seekingalpha.com/article/174528-options-trader-friday-outlook-is-goldman-sachs-stupid-or-evil?source=feed#comment-771121 771121
You're right - the little guy has it all over the giants. When chickens dance with elephants, they never get trampled because they have "nimbleness." Boy! Watch those elephants try to duck and dodge those chickens!

SOB.

On Nov 20 01:09 PM Kinetics63 wrote:

> Market manipulation has always and will always be part of the game.
> When you are trading huge size and have a voice that's heard, it's
> one of the tools you use to your advantage.
>
> We who trade small size and have no voice to be heard have the HUGE
> advantage of nimbleness that the likes of GS don't have.
>
> I say to anyone who complains about the way the game is played: Quit
> your whining and use the hand that's dealt you.]]>
Sat, 21 Nov 2009 20:54:20 -0500
You're right - the little guy has it all over the giants. When chickens dance with elephants, they never get trampled because they have "nimbleness." Boy! Watch those elephants try to duck and dodge those chickens!

SOB.

On Nov 20 01:09 PM Kinetics63 wrote:

> Market manipulation has always and will always be part of the game.
> When you are trading huge size and have a voice that's heard, it's
> one of the tools you use to your advantage.
>
> We who trade small size and have no voice to be heard have the HUGE
> advantage of nimbleness that the likes of GS don't have.
>
> I say to anyone who complains about the way the game is played: Quit
> your whining and use the hand that's dealt you.]]>
Options Trader Friday Outlook: Is Goldman Sachs Stupid, Or Evil? http://seekingalpha.com/article/174528-options-trader-friday-outlook-is-goldman-sachs-stupid-or-evil?source=feed#comment-771118 771118
And evil? How could they possibly be evil, when they're so rich?

They were re-e-eally good in a past life. It's all karma. Stupid people making lotsa money.... (Really? Ya don't believe that? What - ya got no religion?)

SOB. ]]>
Sat, 21 Nov 2009 20:45:15 -0500
And evil? How could they possibly be evil, when they're so rich?

They were re-e-eally good in a past life. It's all karma. Stupid people making lotsa money.... (Really? Ya don't believe that? What - ya got no religion?)

SOB. ]]>
Oct. Consumer Price Index: +0.3% vs. +0.2% expected and +0.2% in September. Core CPI +0.2% vs. +0.1% expected and +0.2% last month. http://seekingalpha.com/news/market_currents/post/36721?source=feed#comment-765176 765176
They have to start hiring high school graduates over there. ]]>
Wed, 18 Nov 2009 08:59:49 -0500
They have to start hiring high school graduates over there. ]]>
The U.S. economy still faces "significant weaknesses," KC Fed president Thomas Hoenig says, "and coupled with a rapidly rising level debt and enormous moral hazard issues, we have a great deal of work ahead of us." Hoenig also urged policymakers to allow large financial institutions to fail if needed, "no matter what their size or political influence." http://seekingalpha.com/news/market_currents/post/36550?source=feed#comment-761862 761862 Mon, 16 Nov 2009 09:11:45 -0500 Charlie Gasparino: Another Crash 'Has to Happen Again' http://seekingalpha.com/article/171549-charlie-gasparino-another-crash-has-to-happen-again?source=feed#comment-748048 748048
Is he serious? Anyone w/ a bundle of big bucks who doesn't invest them in buying his share of the government can hardly be said to be pursuing his "enlightened self-interest." And, maybe I'm missing something, but isn't that what capitalism is about? Do you think stupid people graduate w/ advanced degrees in economics and finance from Ivy League colleges? That the Savings & Loan crisis of two decades ago was an exercise in stupidity? Reagan tossed out regulation, but kept the taxpayer-backstop. Bankers pursued their enlightened self-interest and maxed out risk-taking because the profits were all theirs, but the risks were picked up by the taxpayers.

It kills me to hear people talking about our "not having learned anything" from all these prior disasters: of COURSE we learned! We learned that it was absolutely painless to screw the American People. We learned that business' top bureaucrats could walk away with labor's share of everything. The American worker has never had it as good as in 1950 because that goose that lays the golden eggs has been laying them in the pockets of the executive suite.

SOB.]]>
Fri, 06 Nov 2009 11:01:33 -0500
Is he serious? Anyone w/ a bundle of big bucks who doesn't invest them in buying his share of the government can hardly be said to be pursuing his "enlightened self-interest." And, maybe I'm missing something, but isn't that what capitalism is about? Do you think stupid people graduate w/ advanced degrees in economics and finance from Ivy League colleges? That the Savings & Loan crisis of two decades ago was an exercise in stupidity? Reagan tossed out regulation, but kept the taxpayer-backstop. Bankers pursued their enlightened self-interest and maxed out risk-taking because the profits were all theirs, but the risks were picked up by the taxpayers.

It kills me to hear people talking about our "not having learned anything" from all these prior disasters: of COURSE we learned! We learned that it was absolutely painless to screw the American People. We learned that business' top bureaucrats could walk away with labor's share of everything. The American worker has never had it as good as in 1950 because that goose that lays the golden eggs has been laying them in the pockets of the executive suite.

SOB.]]>
Moody's drops Boeing's (BA +0.5%) credit rating outlook to Negative: "A series of negative developments have had the cumulative effect of weakening Boeing's financial flexibility at the A2 level, and led to the revision in the rating outlook to negative," firm says. http://seekingalpha.com/news/market_currents/post/34146?source=feed#comment-715178 715178
(They're not?)

SOB.]]>
Wed, 14 Oct 2009 13:29:02 -0400
(They're not?)

SOB.]]>
The Treasury paid "scant attention" to "explosively controversial" bonuses paid by [[AIG]] after bailing it out, says TARP special inspector Neil Barofsky to Congress. Barofksy's report (.pdf) details hundreds of bonus and retention plans that reached all the way down to the kitchen staff. http://seekingalpha.com/news/market_currents/post/34147?source=feed#comment-715177 715177
SOB. ]]>
Wed, 14 Oct 2009 13:26:57 -0400
SOB. ]]>
A judge finds big lenders made fraudulent transfers through secured loans to homebuilder Tousa six months before its bankruptcy. The ruling may cost banks including BofA (BAC), Citigroup (C), CIT Group (CIT) and Wells Fargo (WFC) more than $688M. http://seekingalpha.com/news/market_currents/post/34148?source=feed#comment-715172 715172
SOB.]]>
Wed, 14 Oct 2009 13:23:58 -0400
SOB.]]>
Private Equity, Business Flipping and Asymmetrical Outcomes http://seekingalpha.com/article/165158-private-equity-business-flipping-and-asymmetrical-outcomes?source=feed#comment-708591 708591
Yes, they are powerless to stop it, because this is not a democracy & the people do NOT have the power, which is what defines a democracy, not the vote. But, no, they do NOT know what's going on. Add all the readers of web sites like Seeking Alpha together, then divide by the number of people who get almost all of their news from the boob tube - the greatest instrument for propagandizing vast numbers of people ever devised - and you get a pitifully small number.

It sucks, but I believe that to be the case.

Best,
SOB.


On Oct 07 10:16 AM optionsgirl wrote:

> You have written a tremendously accurate and astute op ed, TraderMark.
> I do have a couple of bones to pick, though.
> 1. I dispute you calling the actions of these carnivores "American
> free market capitalism". It is a corrupted, perverted system, but
> it barely resembles a capitalist system.
> 2. I would also like to dispute your labeling of the "unwashed masses".
> You think the workers of these companies don't know what is going
> on? Or that the general population doesn't, either? They know they
> are the victims of massive thievery and fraud. They are simply powerless
> to stop it.
>
> With so many "safeguards" put into place, you'd think it wouldn't
> be necessary to give the SEC (and Fed) more powers, which they clamor
> for a crave. They seek more power for its own sake. The SEC already
> has the power to stop the looting, and state attorneys general already
> have the power to prosecute fraud.
> I believe those bond holders and stock holders have been criminally
> defrauded, and so has the public at large.
> We must remember that the purpose of all carnivores is to feast off
> the carcasses of the weaker. They are shooting fish in a barrel.
>
> Again, kudos for a well-crafted cogent article.]]>
Thu, 08 Oct 2009 10:09:15 -0400
Yes, they are powerless to stop it, because this is not a democracy & the people do NOT have the power, which is what defines a democracy, not the vote. But, no, they do NOT know what's going on. Add all the readers of web sites like Seeking Alpha together, then divide by the number of people who get almost all of their news from the boob tube - the greatest instrument for propagandizing vast numbers of people ever devised - and you get a pitifully small number.

It sucks, but I believe that to be the case.

Best,
SOB.


On Oct 07 10:16 AM optionsgirl wrote:

> You have written a tremendously accurate and astute op ed, TraderMark.
> I do have a couple of bones to pick, though.
> 1. I dispute you calling the actions of these carnivores "American
> free market capitalism". It is a corrupted, perverted system, but
> it barely resembles a capitalist system.
> 2. I would also like to dispute your labeling of the "unwashed masses".
> You think the workers of these companies don't know what is going
> on? Or that the general population doesn't, either? They know they
> are the victims of massive thievery and fraud. They are simply powerless
> to stop it.
>
> With so many "safeguards" put into place, you'd think it wouldn't
> be necessary to give the SEC (and Fed) more powers, which they clamor
> for a crave. They seek more power for its own sake. The SEC already
> has the power to stop the looting, and state attorneys general already
> have the power to prosecute fraud.
> I believe those bond holders and stock holders have been criminally
> defrauded, and so has the public at large.
> We must remember that the purpose of all carnivores is to feast off
> the carcasses of the weaker. They are shooting fish in a barrel.
>
> Again, kudos for a well-crafted cogent article.]]>
Emerging Markets and the Global Monetary Merry-Go-Round http://seekingalpha.com/article/165117-emerging-markets-and-the-global-monetary-merry-go-round?source=feed#comment-706682 706682
I guess there are communists, and there are COMMUNISTS, some offering bigger markets than others.

SOB.

On Oct 06 09:25 PM derryl wrote:

> "I’m less sanguine than they are about decoupling – in the absence
> of a safety net it is hard to see how domestic consumer spending
> ramps up in China – but the monetary point is a fair one."
>
> The lack of a safety net is certainly a constraint but I would suggest
> that nations like China have time on their side in the effort to
> switch from exports to domestic consumption. About a billion Chinese
> still live like they have for thousands of years, poor but fairly
> self-sufficient. China plans to introduce pensions for these people
> which provides them some money to participate in the consumer economy.
> If the Chinese fund these pensions by taxing those who are currently
> using their recent riches to bid up asset prices, then bubbles can
> be constrained at the same time as the consumer base is massively
> (albeit shallowly) broadened.
>
> Decoupling was never going to be sharp and total, but I believe the
> trend will be supported by fairly intelligent Chinese fiscal policy.
> I don't know how long the monetary merry-go-round can spin either,
> but when it stops China had better be prepared to do some serious
> import buying with its newly valuable currency backed by large fx
> reserves.]]>
Wed, 07 Oct 2009 08:53:21 -0400
I guess there are communists, and there are COMMUNISTS, some offering bigger markets than others.

SOB.

On Oct 06 09:25 PM derryl wrote:

> "I’m less sanguine than they are about decoupling – in the absence
> of a safety net it is hard to see how domestic consumer spending
> ramps up in China – but the monetary point is a fair one."
>
> The lack of a safety net is certainly a constraint but I would suggest
> that nations like China have time on their side in the effort to
> switch from exports to domestic consumption. About a billion Chinese
> still live like they have for thousands of years, poor but fairly
> self-sufficient. China plans to introduce pensions for these people
> which provides them some money to participate in the consumer economy.
> If the Chinese fund these pensions by taxing those who are currently
> using their recent riches to bid up asset prices, then bubbles can
> be constrained at the same time as the consumer base is massively
> (albeit shallowly) broadened.
>
> Decoupling was never going to be sharp and total, but I believe the
> trend will be supported by fairly intelligent Chinese fiscal policy.
> I don't know how long the monetary merry-go-round can spin either,
> but when it stops China had better be prepared to do some serious
> import buying with its newly valuable currency backed by large fx
> reserves.]]>
Emerging Markets and the Global Monetary Merry-Go-Round http://seekingalpha.com/article/165117-emerging-markets-and-the-global-monetary-merry-go-round?source=feed#comment-706673 706673
You can go to jail for life in some of these countries for "political crimes," while men convicted of multiple homicides regularly get out after 2 or 3 years. Hard to believe I know, but it's just a matter of having your lawyer find the right judge. Often enough, the police will let you miraculously escape immediately, for a consideration of course.

I read recently how cheap Russia was at a mere 6x earnings! It had dropped to 3x at the bottom of its decline. LOL.

Russia is run by gangsters, misnamed in the press as "the Russian mafia." I doubt very much that any reputable auditor would find that the managements in these countries aren't cooking the books.

My father in law had a pile of his savings in a local bank, paying a stunning 12% interest! I told him to take it out immediately; he thought I was a very funny guy. When he finally went to make a withdrawal, he was told that he would have to wait for his money. That was almost a year ago. He's still waiting. Has the government closed the bank? Arrested someone for fraud? Is the bank offering much less on your savings?

No. Situation normal - AFU.

Best of lulck,
SOB.


Economists refuse to allow cultural elements into their prognostications, but unfortunately for unwary investors, it's necessary for their survival that they do so. ]]>
Wed, 07 Oct 2009 08:47:50 -0400
You can go to jail for life in some of these countries for "political crimes," while men convicted of multiple homicides regularly get out after 2 or 3 years. Hard to believe I know, but it's just a matter of having your lawyer find the right judge. Often enough, the police will let you miraculously escape immediately, for a consideration of course.

I read recently how cheap Russia was at a mere 6x earnings! It had dropped to 3x at the bottom of its decline. LOL.

Russia is run by gangsters, misnamed in the press as "the Russian mafia." I doubt very much that any reputable auditor would find that the managements in these countries aren't cooking the books.

My father in law had a pile of his savings in a local bank, paying a stunning 12% interest! I told him to take it out immediately; he thought I was a very funny guy. When he finally went to make a withdrawal, he was told that he would have to wait for his money. That was almost a year ago. He's still waiting. Has the government closed the bank? Arrested someone for fraud? Is the bank offering much less on your savings?

No. Situation normal - AFU.

Best of lulck,
SOB.


Economists refuse to allow cultural elements into their prognostications, but unfortunately for unwary investors, it's necessary for their survival that they do so. ]]>
Jonathan Weil advances the tough-Judge-Jed story, contrasting Rakoff's bold rejection of the BofA/SEC under-the-table deal with Judge Robert Chatigny's blind rubber-stamping of a similar pact between the SEC and GE (GE) over accounting fraud in August. "Just think how much more we deserve to know about this supposed fraud. Who at the company committed it? Why hasn't the SEC sued them?" http://seekingalpha.com/news/market_currents/post/32681?source=feed#comment-680897 680897
SOB.]]>
Thu, 17 Sep 2009 13:00:54 -0400
SOB.]]>
California AG Jerry Brown investigates ratings agencies for working "behind the scenes with the same Wall Street firms that created [securities]," and then earning "billions of dollars in revenue, at a rate double what they earned for rating other financial products." (see also) http://seekingalpha.com/news/market_currents/post/32643?source=feed#comment-680522 680522
And I got an especially big kick out of Obama's "non-binding" vote on executive compensation. What good is a non-binding vote? How about a non-binding vote on presidential elections? Bush lost - ask him if he would like to step down so Obama can take office.

SOB]]>
Thu, 17 Sep 2009 09:33:41 -0400
And I got an especially big kick out of Obama's "non-binding" vote on executive compensation. What good is a non-binding vote? How about a non-binding vote on presidential elections? Bush lost - ask him if he would like to step down so Obama can take office.

SOB]]>
Tuesday Outlook: Commodities, Global Markets http://seekingalpha.com/article/161458-tuesday-outlook-commodities-global-markets?source=feed#comment-677220 677220
SOB.


On Sep 15 08:33 AM David Fry wrote:

> ur2smart4me: Good point about the rat droppings but most seem to
> be occurring in and around Washington DC, no? Besides each state
> has Dept of Health officials counting those droppings.........those
> dirty rats!!!! And, our new Regulatory Czar thinks those rats should
> have legal representation since these counts are no doubt an invasion
> of their privacy.
>
> 86999: good point! my staff has been urging me to do this but I'm
> just a creature of habit but will now yield to what's seems the popular
> way.
>
> Re Ryu Mei: yes HAL is doing that doo-doo that he does so well.]]>
Tue, 15 Sep 2009 09:24:52 -0400
SOB.


On Sep 15 08:33 AM David Fry wrote:

> ur2smart4me: Good point about the rat droppings but most seem to
> be occurring in and around Washington DC, no? Besides each state
> has Dept of Health officials counting those droppings.........those
> dirty rats!!!! And, our new Regulatory Czar thinks those rats should
> have legal representation since these counts are no doubt an invasion
> of their privacy.
>
> 86999: good point! my staff has been urging me to do this but I'm
> just a creature of habit but will now yield to what's seems the popular
> way.
>
> Re Ryu Mei: yes HAL is doing that doo-doo that he does so well.]]>
Tuesday Outlook: Commodities, Global Markets http://seekingalpha.com/article/161458-tuesday-outlook-commodities-global-markets?source=feed#comment-677211 677211
SOB. ]]>
Tue, 15 Sep 2009 09:21:54 -0400
SOB. ]]>
Tuesday Outlook: Commodities, Global Markets http://seekingalpha.com/article/161458-tuesday-outlook-commodities-global-markets?source=feed#comment-677206 677206
LOL
SOB. ]]>
Tue, 15 Sep 2009 09:18:04 -0400
LOL
SOB. ]]>
Separate from a judge's rejection of the Bank of America (BAC)-SEC settlement, New York AG Andrew Cuomo is readying civil charges against high-ranking BofA execs over Merrill Lynch acquisition details. http://seekingalpha.com/news/market_currents/post/32451?source=feed#comment-676362 676362
Jefferson is probably rolling over in his grave. The following is from this morning's post from Colin Twiggs: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

~ Thomas Jefferson (1743 - 1826)

Best,
SOB.


On Sep 14 03:39 PM Neil459 wrote:

> NY AG makes the SEC look incompetent again. When will we have had
> enough and fire the Top 50 SEC administrators. Now the truth be
> told, that is not my best idea. But they are probably never going
> to jail so I'll settle for what is remotely possible but not impossible.]]>
Mon, 14 Sep 2009 15:55:47 -0400
Jefferson is probably rolling over in his grave. The following is from this morning's post from Colin Twiggs: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

~ Thomas Jefferson (1743 - 1826)

Best,
SOB.


On Sep 14 03:39 PM Neil459 wrote:

> NY AG makes the SEC look incompetent again. When will we have had
> enough and fire the Top 50 SEC administrators. Now the truth be
> told, that is not my best idea. But they are probably never going
> to jail so I'll settle for what is remotely possible but not impossible.]]>
Bank of America / SEC: Rakoff Throws Down the Gauntlet http://seekingalpha.com/article/161415-bank-of-america-sec-rakoff-throws-down-the-gauntlet?source=feed#comment-676352 676352
Clearly, the SEC was in collusion w/ BAC to begin with, or this phoney settlement would never have come to pass. And who now gets to prosecute BAC, should the case go to trial? The SEC!

I would say the judge threw down the gauntlet had he demanded a special prosecutor to prosecute both BAC and the SEC. But I doubt that this could happen under our present constitution. Reconstitute the SEC? THAT would be nice. But Obama's a go-along-to-get-along kinda guy. And he and the SEC all know whom they belong to. Who's going to reconstitute Obama?

SOB.]]>
Mon, 14 Sep 2009 15:46:52 -0400
Clearly, the SEC was in collusion w/ BAC to begin with, or this phoney settlement would never have come to pass. And who now gets to prosecute BAC, should the case go to trial? The SEC!

I would say the judge threw down the gauntlet had he demanded a special prosecutor to prosecute both BAC and the SEC. But I doubt that this could happen under our present constitution. Reconstitute the SEC? THAT would be nice. But Obama's a go-along-to-get-along kinda guy. And he and the SEC all know whom they belong to. Who's going to reconstitute Obama?

SOB.]]>
Is Buffett Backing Away from Stocks? http://seekingalpha.com/article/160517-is-buffett-backing-away-from-stocks?source=feed#comment-670231 670231
SOB.

On Sep 09 10:55 AM Ricard wrote:

> Agree with most of the article and the conclusion.
>
> Regarding the GS discussion, the author stated it best - Buffett
> is a businessman. The government is not bailing out financials so
> that it can make a profit. Any profit earned by the government is
> tertiary to its main goal - stabilizing the financial system.]]>
Thu, 10 Sep 2009 10:29:02 -0400
SOB.

On Sep 09 10:55 AM Ricard wrote:

> Agree with most of the article and the conclusion.
>
> Regarding the GS discussion, the author stated it best - Buffett
> is a businessman. The government is not bailing out financials so
> that it can make a profit. Any profit earned by the government is
> tertiary to its main goal - stabilizing the financial system.]]>
Is Buffett Backing Away from Stocks? http://seekingalpha.com/article/160517-is-buffett-backing-away-from-stocks?source=feed#comment-670111 670111
"The Treasury secretary made 174 purchases of banks’ preferred shares that include warrants to buy stock at a later date. While he invested $10 billion in Goldman Sachs in October, twice as much as Buffett did the month before, Paulson gained certificates worth one-fourth as much as the billionaire, according to data compiled by Bloomberg. The Goldman Sachs terms were repeated in most of the other bank bailouts…"

Who in his right mind believes that Paulson was working for the taxpayer? Of COURSE Buffett would have gotten a better deal if he used his own money. So would Paulson!

SOB.]]>
Thu, 10 Sep 2009 09:40:34 -0400
"The Treasury secretary made 174 purchases of banks’ preferred shares that include warrants to buy stock at a later date. While he invested $10 billion in Goldman Sachs in October, twice as much as Buffett did the month before, Paulson gained certificates worth one-fourth as much as the billionaire, according to data compiled by Bloomberg. The Goldman Sachs terms were repeated in most of the other bank bailouts…"

Who in his right mind believes that Paulson was working for the taxpayer? Of COURSE Buffett would have gotten a better deal if he used his own money. So would Paulson!

SOB.]]>
Trade Deficit Threatens Recovery, Destroys Jobs http://seekingalpha.com/article/160641-trade-deficit-threatens-recovery-destroys-jobs?source=feed#comment-669315 669315
But how much are dummies like our Big Bankers (damn fools probably flunked out of Harvard, Stanford, or MIT.... Really? You mean they actually graduated? And then they still screwed us - sorry, I meant screwed "UP"). Gee! Ain't life interesting?

SOB. ]]>
Wed, 09 Sep 2009 16:06:34 -0400
But how much are dummies like our Big Bankers (damn fools probably flunked out of Harvard, Stanford, or MIT.... Really? You mean they actually graduated? And then they still screwed us - sorry, I meant screwed "UP"). Gee! Ain't life interesting?

SOB. ]]>
U.S. Judiciary Emerging as Investors' New Best Friend http://seekingalpha.com/article/160551-u-s-judiciary-emerging-as-investors-new-best-friend?source=feed#comment-669259 669259
SOB.

On Sep 09 11:17 AM Pat C wrote:

> It's a downright shame that the judiciary is having to deal with
> what should have never been allowed to take place in the first place.
> I'm beginning to sound like a broken record, vote NO INCUMBENT for
> Congress if we want to fix this.]]>
Wed, 09 Sep 2009 15:24:34 -0400
SOB.

On Sep 09 11:17 AM Pat C wrote:

> It's a downright shame that the judiciary is having to deal with
> what should have never been allowed to take place in the first place.
> I'm beginning to sound like a broken record, vote NO INCUMBENT for
> Congress if we want to fix this.]]>
U.S. Judiciary Emerging as Investors' New Best Friend http://seekingalpha.com/article/160551-u-s-judiciary-emerging-as-investors-new-best-friend?source=feed#comment-669255 669255
At this juncture in our history as a nation, these stockholders are literally suing the government if they take on GS, BAC, C, MS, and the rest.

Thank Reagan for letting any company in any industry get as big as it pleased.

Rather than fritter our time in courtrooms, pass out the muskets. Or the Kalishnikovs. And re-read Jefferson & Payne.

SOB. ]]>
Wed, 09 Sep 2009 15:22:10 -0400
At this juncture in our history as a nation, these stockholders are literally suing the government if they take on GS, BAC, C, MS, and the rest.

Thank Reagan for letting any company in any industry get as big as it pleased.

Rather than fritter our time in courtrooms, pass out the muskets. Or the Kalishnikovs. And re-read Jefferson & Payne.

SOB. ]]>
Some Historical Background for Momentum Trading http://seekingalpha.com/article/160362-some-historical-background-for-momentum-trading?source=feed#comment-667858 667858
I have great respect for your work & have been following your blog, but this definitely requires clarification.

Best,
Seamus O'Bannion. ]]>
Wed, 09 Sep 2009 09:09:58 -0400
I have great respect for your work & have been following your blog, but this definitely requires clarification.

Best,
Seamus O'Bannion. ]]>
Colonial Bank Failure Highlights the Problem http://seekingalpha.com/article/157732-colonial-bank-failure-highlights-the-problem?source=feed#comment-641810 641810
Are you kidding? They ARE the reality. The goose they're always talking about that lays those golden eggs, lays them in their very deep pockets. And there isn't anyone to "claw" them out. The top corporate bureaucrats (they prefer to be called "businessmen") know how to spread the gold around Washington.

Best,
SOB. ]]>
Sun, 23 Aug 2009 11:38:26 -0400
Are you kidding? They ARE the reality. The goose they're always talking about that lays those golden eggs, lays them in their very deep pockets. And there isn't anyone to "claw" them out. The top corporate bureaucrats (they prefer to be called "businessmen") know how to spread the gold around Washington.

Best,
SOB. ]]>
Colonial Bank Failure Highlights the Problem http://seekingalpha.com/article/157732-colonial-bank-failure-highlights-the-problem?source=feed#comment-641803 641803
Keep on truckin'. And oh - on the subject of all those guns - you can be sure that the gov will not be bringing the troops home any time soon in significant numbers. When they find out who and what they've been fighting for, they're likely to be extremely p*ssed off.

Best,
SOB.

On Aug 23 08:12 AM Leftfield wrote:

> Before the market rise I remember commenting about how it should
> make no sense for people to take the word of the suits that the water's
> fine, come on in, again. It seems it's easier to believe blatant
> feel-good lies than to wake up to a real nightmare.
> I'm not sure what the tipping point is or at what point (quite possibly
> long past) that so much gets funneled into the pockets of criminals
> that they truly own us. After all, they can always say, martial
> law and chattel slavery is good for us. As you say, at least all
> Americans don't have to and won't, roll over.]]>
Sun, 23 Aug 2009 11:33:06 -0400
Keep on truckin'. And oh - on the subject of all those guns - you can be sure that the gov will not be bringing the troops home any time soon in significant numbers. When they find out who and what they've been fighting for, they're likely to be extremely p*ssed off.

Best,
SOB.

On Aug 23 08:12 AM Leftfield wrote:

> Before the market rise I remember commenting about how it should
> make no sense for people to take the word of the suits that the water's
> fine, come on in, again. It seems it's easier to believe blatant
> feel-good lies than to wake up to a real nightmare.
> I'm not sure what the tipping point is or at what point (quite possibly
> long past) that so much gets funneled into the pockets of criminals
> that they truly own us. After all, they can always say, martial
> law and chattel slavery is good for us. As you say, at least all
> Americans don't have to and won't, roll over.]]>
New Jobless Claims Remain Stubbornly High http://seekingalpha.com/article/157319-new-jobless-claims-remain-stubbornly-high?source=feed#comment-639494 639494
I guess that means that the new people are losing their jobs as fast as the old people are running out of their unemployment benefits. No change! Must be another green shoot.

If we had investigative reporters in this country who could get the unpopular published (save Amy Goodman and her crew at Democracy Now), someone might tell us whatever happened to those who lost their jobs in the Volker recession. Maybe some of them were living in the abandoned buildings that Mayor Giulianni razed in Manhattan, while a court was in process of hearing why he shouldn't. Razing them with tanks and bulldozers made the case moot. Great way to win a case!

But, who cares - that's ancient history, right?

SOB.]]>
Fri, 21 Aug 2009 08:58:56 -0400
I guess that means that the new people are losing their jobs as fast as the old people are running out of their unemployment benefits. No change! Must be another green shoot.

If we had investigative reporters in this country who could get the unpopular published (save Amy Goodman and her crew at Democracy Now), someone might tell us whatever happened to those who lost their jobs in the Volker recession. Maybe some of them were living in the abandoned buildings that Mayor Giulianni razed in Manhattan, while a court was in process of hearing why he shouldn't. Razing them with tanks and bulldozers made the case moot. Great way to win a case!

But, who cares - that's ancient history, right?

SOB.]]>
Fannie Mae Burns Even More Taxpayer Money http://seekingalpha.com/article/154679-fannie-mae-burns-even-more-taxpayer-money?source=feed#comment-620015 620015
Stay tuned as the gap between the mkt and economic reality widens.

Best,
SOB

*FOP = Friends of Paulson. ]]>
Fri, 07 Aug 2009 13:16:24 -0400
Stay tuned as the gap between the mkt and economic reality widens.

Best,
SOB

*FOP = Friends of Paulson. ]]>